WWE 'could be sold by Vince McMahon to UFC's parent company'

Vince McMahon is ‘in advanced talks to sell WWE to UFC’s parent company as wrestling circuit gets $9.3BILLION valuation… and a deal could be done by MONDAY’

• Vince McMahon is reportedly in advanced talks to sell the WWE to Endeavor
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Vince McMahon is reportedly in advanced talks to sell the WWE to Endeavor Group – the organization that owns the UFC.

CNBC is told by ‘people familiar with the matter’ that a deal could be announced on Monday, adding that the UFC and WWE would be spun off into a new publicly traded company.

Endeavor’s stake will be 51 percent, according to CNBC, while WWE shareholders would retain 49 percent of the company.

The deal appraises the WWE at $9.3 billion, CNBC reports.

UFC president Dana White has not commented publicly on the matter.  

Vince McMahon is reportedly in advanced talks to sell the WWE to Endeavor Group

UFC president Dana White has not commented publicly on the matter

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