Earlier today, WWE and the UFC merged under Endeavour to form the TKO Group. On its first day as a publicly-traded company, TKO Group’s stock closed at $103.05. That is up $2.40 (2.38%) from WWE’s final closing price of $100.65 on Monday. As of this writing, the stock is up another $0.70 (0.68%) in after-hours trading.
Additionally, several WWE executives received big bonuses following today’s Endeavor deal closing. They include:
* Nick Khan: $15 million.
* Kevin Dunn: $7 million.
* Paul “Triple H” Levesque: $5 million.
* Frank Riddick: $5 million.
Today marks a historic day in the world of professional wrestling and mixed martial arts. The WWE and UFC have merged under Endeavour to form the TKO Group, a publicly-traded company. This merger is a major milestone for both sports, as it will allow them to expand their reach and create more opportunities for their athletes.
The merger has already had an impact on the stock market, with TKO Group’s stock closing at $103.05 on its first day of trading. Additionally, several WWE executives received big bonuses following the deal closing, including Nick Khan ($15 million), Kevin Dunn ($7 million), Paul “Triple H” Levesque ($5 million), and Frank Riddick ($5 million).
The merger of the WWE and UFC is a major step forward for both sports. It will allow them to reach a larger audience and create more opportunities for their athletes. It will also create more crossover events between the two sports, which will be exciting for fans.
The TKO Group is sure to be a major player in the world of professional wrestling and mixed martial arts. With its strong financial backing and expansive reach, it is sure to make a major impact on both sports. Fans can keep up with all the latest news and updates from the TKO Group by visiting eWrestlingNews.com or following us on Twitter and Facebook.