WWE Nears Sale to UFC’s Endeavor Group
World Wrestling Entertainment Inc. is nearing a deal to be sold to
Endeavor Group
EDR 3.37%
Holdings Inc., which owns the Ultimate Fighting Championship, according to people familiar with the matter.
As part of the deal, Endeavor’s UFC business and
WWE
WWE 0.73%
will form a separate publicly traded entity, the people said, in which Endeavor shareholders would hold 51% and WWE…