The UFC and WWE are merging to create an enormous leisure firm price tens of billions of {dollars}.

World Wrestling Leisure and Endeavor Group Holdings Inc, which owns and operates the Final Combating Championship, are combining preventing forces in a transfer price a reported $US21 billion ($31 billion).

Endeavor will take a 51 per cent stake in WWE, the skilled wrestling outfit operated by Vince McMahon.

McMahon plans to stay with the corporate, to be led by present Endeavor chief government Ari Emanuel.

The mixed firm, which shall be traded publicly underneath the TKO image, will tackle a brand new title, and McMahon stated the mixed entity will focus instantly on maximising shared media rights.

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