It’s a historic day for WWE as the company has officially been acquired been Endeavor. WWE has now merged with UFC to form TKO, and the TKO ticket started trading on the New York Stock Exchange today.
According to Brandon Thurston of Wrestlenomics, Nick Khan sent the following message to all members of the WWE staff confirming the deal:
“This morning, we announced that WWE and the UFC have officially come together to form TKO Group Holdings, creating a new premium sports and entertainment company. TKO will begin trading today on the New York Stock Exchange under the ticker symbol “TKO.”
A big thank you to all of you for the hard work and commitment that helped us achieve this milestone.
As we now begin this transition, we will be in touch with more details. In the interim, we will be communicating with each of you regarding new policies and procedures. HR will also be available to answer any and all questions you may have.
We know when companies undergo change it can feel like uncertain times. The special culture that WWE has cultivated over its long history is what has allowed our business to flourish and we will be preserving that as WWE and UFC both continue to grow together as part of TKO.
As always, well continue to focus on the work throughout this transition and make sure to communicate with all of you throughout the process. Thank you, Nick Khan.”
Stay tuned for more updates on WWE’s merger with UFC as they become available.
