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2023-04-07 14:15:29 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for co...
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 profess...
2023-04-04 16:55:22 ET This show originally aired April 3. Transcript I think we got to start off with the WWE ( NYSE:WWE ) deal last night, announced that Endeavor Group Holdings ( NYSE:EDR ) and WWE have agreed to a merger whereby Endeavor is going to s...
2023-04-04 14:31:14 ET Benchmark analysts have cut their rating on World Wrestling Entertainment ( NYSE: WWE ) to Hold following news that the "sports entertainment" empire has a deal to be acquired by Endeavor Group Holdings ( NYSE: EDR ). Endeavor plans to combine WWE ...
2023-04-04 09:31:00 ET Endeavor ( NYSE: EDR ) shares rose nearly 2% in early trading on Tuesday as investment firm Morgan Stanley reiterated its overweight rating on the company following its proposed deal to merge its UFC unit with WWE ( NYSE: WWE ). Analyst Ben...
2023-04-04 08:58:04 ET World Wrestling Entertainment, Inc. (WWE) UFC and WWE To Form Global Live Sports and Entertainment Company April 3, 2023 08:00 AM ET Company Participants James Marsh - IR, Endeavor Group Ari Emanuel - CEO, Endeavor Group Mark Shapiro - Pres...
2023-04-04 06:45:13 ET Summary Endeavor Group agrees to a deal with WWE to combine their UFC business into a new public entity. NewCo. will trade under the ticker "TKO" and only trades with a proposed market cap of $13 billion now. The new stock only trades at ~12x '23 adjuste...
2023-04-03 16:30:38 ET Summary Shares of both Endeavor Group Holdings and World Wrestling Entertainment took a hit after news broke that the two firms would merge UFC and WWE into a separate entity. Conceptually, this deal makes a lot of sense and will create a major player in the...
Endeavor (NYSE: EDR) , the parent company of UFC, was featured in a recent Fox Business article that discussed the company’s deal to acquire World Wrestling Entertainment Inc. (NYSE: WWE) from Vince McMahon and form a new public company. “Endeavor will hold a 51% controlling int...
2023-04-03 12:59:42 ET World Wrestling Entertainment Inc ( NYSE: WWE ) is in focus this morning after Endeavour Group Holdings Inc ( NYSE: EDR ) said it will buy the integrated media company for about $9.3 billion. Pro reacts to the announced acquisition The UFC owner ha...
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WWE® (NYSE: WWE) today announced that Payback , which emanated from PPG Paints Arena in Pittsburgh, became the most-watched and highest-grossing Payback in company history. The premium live event set new records for viewership, gate and merchandise. This press release features mu...
16-Time World Champion to Appear on SmackDown for Seven Consecutive Weeks Following Return on September 1 Cena and Make-A-Wish to Host Children and Their Families at Every SmackDown During His Return WWE ® (NYSE: WWE) today announced that John Cena, who returns to Fri...
NFL Legacy Title Belts for All 32 Teams Now Available for Purchase Ahead of 2023 NFL Season The National Football League and WWE ® (NYSE: WWE) today announced a multi-year licensing deal to create NFL-inspired WWE legacy title belts featuring the official colors and branding of...