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WWE, UFC Merger to Close Next Week, Debut on Stock Market as TKO Group

The merger between UFC parent company Endeavor Group and World Wrestling Entertainment is expected to be completed next week.

Earlier this year, the two entities reached a deal on a merger, bringing together WWE and UFC under one publicly traded company called TKO Group Holdings. The company has a $21 billion valuation.

Once the deal closes, the company will make its debut on the New York Stock Exchange. It is all expected to be done by Tuesday.

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Ari Emanuel will be the CEO of TKO Group, while Dana White will remain as UFC president. Nick Khan will continue as CEO of WWE.

Longtime WWE chairman Vince McMahon is executive chair of the new TKO Group board.

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