Vince McMahon’s famed company, the WWE, has spent recent months looking for a potential buyer. Now, according to insiders, it’s come to light that the WWE may be coming close to being sold to Endeavor, the parent company of the UFC.
The news has been rumored to be released and confirmed as soon as Monday. Insiders are remaining anonymous due to the fragile negotiations of the deal, but it is believed in good faith to be nearing a conclusion and solid agreement.
According to CNBC, Endeavor is said to be retaining a 51% share of the company, while the remaining 49% is going to be split amongst shareholders.