UFCparentEndeavorGroup and World Wrestling Entertainment said today they expect to end the planned merger of UFC andWWEon September 12.
Valued at $21 billion, TKO will be a subsidiary of Endeavor, with 51% control.
WWE (Raw, SmackDown) will control 49%.
UFC, WWEGetty
The probe wrapped up last November and McMahon paid the company $17.4 million for costs incurred.
As previously disclosed, the Special Committee investigation was completed during the fourth quarter of 2022.
However, related government investigations remain ongoing, the company said in SEC filing Aug 2.
