The WWE and Endeavor, the parent company of the Ultimate Fighting Championship, announced a major deal to merge the businesses. Cheddar News reporter Michelle Castillo reported on the staggering $21.4 billion merger and the implications it will have going forward. "Under the deal's terms, Endeavor will have a 51 [percent] majority stake in the company and the WWE will own the remaining 49 percent," she said.

Share:
More In Sports
The Walk and Talk: Metropolitan Riveters
Digit Murphy, President of the professional women's ice hockey team Metropolitan Riveters, joins Cheddar News' Hena Doba on a walk and talk to talk about how she's re-imagining the hockey experience for fans and players, and why it's critical to invest in women's sports.
Pitch Clock Shaves 20 minutes From Early Games
So far, baseball's new speed-up rules are working. The first-ever major league pitch clock and other rules have helped cut more than 20 minutes from spring training games through the first weekend.
Load More