Array
news broke that the World Wrestling Entertainment company was set to merge with the UFC parent company Endeavor Group and by Monday morning, that merger was official. But it was WWE chief Vince McMahon’s mustache that got most of the attention.
UFC owner Endeavor will control 51% of the new combat sports and entertainment company, while WWE shareholders would get 49%, giving WWE an enterprise value of $9.3 billion, Breitbart News reported Sunday night.
Endeavor executive Ari Emanuel will reportedly act as both chief of Endeavor and the new company being formed. WWE founder Vince McMahon will likely be executive chairman, while Dana White will remain president of the UFC.
McMahon stepped down as CEO and chairman of WWE last year on the tail of sexual misconduct allegations but returned as executive chairman in January.
While the news of this merger is huge in the fight and wrestling games, the whole thing seemed a bit overshadowed by everyone’s amusement at McMahon’s new Clark Gable mustache.
Is Vince McMahon turning into Inigo Montoya from The Princess Bride? I can practically hear him saying, « Hello.
