WWE - Here's Everything You Should Know About the WWE Merger With UFC
2023-04-06 10:29:20 ET
On Wrestlemania weekend, news broke that Endeavor (NYSE: EDR) is spinning off its subsidiary Ultimate Fighting Championship (UFC) to form a new company with World Wrestling Entertainment (NYSE: WWE) in an all-stock deal valuing the leading professional wrestling company at $9.3 billion.
Here's everything you need to know about the deal and whether it's worth buying into.
While the wrestling may be fake, WWE's stock returns have been genuine. Over the past five years, WWE stock generated a total return of 172%, completely dominating the S&P 500 's total return of 73%.
For further details see:
Here's Everything You Should Know About the WWE Merger With UFC