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WWE to Combine with UFC’s Endeavor

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Ultimate Fighting Championship owner to hold controlling interest in new publicly traded entity

World Wrestling Entertainment Inc. and Endeavor Group Holdings Inc. agreed to form a new parent company that combines professional wrestling with the mixed martial arts league Ultimate Fighting Championship under one roof.

The two companies said Monday that Endeavor will hold a 51% controlling interest in their newly formed, publicly traded entity, with WWE owning the remaining 49%.

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