UFC is creating a new $21 billion sports company by merging with which of these? Answered

UFC is creating a new $21 billion sports company by merging with which of these?

The options that are given for this Bing homepage quiz are listed below:

A: WWE
B: NASCAR
C: LIV Golf

The correct answer is WWE.

See The Reason for That answer below:

A merger between the company that operates Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE) will create a $21.4 billion sports entertainment corporation. Endeavor Group Holdings Inc. will assume a 51% controlling stake in the new company, with existing WWE shareholders holding the remaining 49%. The estimated enterprise value of UFC is $12.1 billion, while WWE’s value is $9.3 billion.

The new business, which does not yet have a name, will be headed by Endeavor CEO Ari Emanuel and Vince McMahon, executive chairman at WWE. The focus of the new company will be to maximize combined media rights, develop new content and pursue strategic mergers and acquisitions. WWE and UFC already share some talent, including Brock Lesnar and Ronda Rousey. The deal will transform WWE, which has been a family-run company for decades.

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UFC is creating a new $21 billion sports company by merging with which of these? Answered