WWE, UFC Announce $24.1 Billion Merger Deal

The WWE and Endeavor, the parent company of the Ultimate Fighting Championship, announced a major deal to merge the businesses. Cheddar News reporter Michelle Castillo reported on the staggering $21.4 billion merger and the implications it will have going forward. "Under the deal's terms, Endeavor will have a 51 [percent] majority stake in the company and the WWE will own the remaining 49 percent," she said.

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