UFC and WWE are handled by Endeavor Group Holdings Inc., and they have decided to be acquired in a $13 billion buyout by the private equity group Silver Lake Management

This might come as big news ahead of UFC 300. As a part of the deal, the stockholders of Endeavour will receive $27.50 per share in cash. But why was this decision taken?

Endeavour was frustrated?

Silver Lake is following through on the plans that were already made in October. Meanwhile, Endeavour said that it was evaluating the strategies of this collaboration out of frustration with the stock of the company. This has been trading around its first offering price of $24 almost 3 years ago.

However, this will not have any major effects on TKO or UFC. Endeavor owns 51% of TKO Group, which is a parent of both UFC and WWE. Silver Lake put an estimated $25 billion enterprise value on this deal with TKO and Endeavour which is the largest private equity takeover of a public company in a decade.

Emanuel, the chief executive officer said, “We believe this transaction will maximize value for all of Endeavor’s public stockholders and are excited to continue to unlock and invest in the growth opportunities ahead as a private company.” Previously Dana White had revealed that back in 2016 he had to sell the shared to Endeavour and Silver Lake as well.

Dana White revealed his idea about the previous selling

2016 was a big year for the UFC industry. Lorenzo Fertitta, Frank Fertitta, and their friend Dana White owned the shares in UFC and these shares were soon to be transferred to Endeavour and Silver Lake.

However, in an interview with Vivek Ramaswamy, the CEO said that in the past he was keen on selling the promotion. “What happened was when we were selling it at the time, you know, I thought that I and the Fertitas would ride off into the sunset, and I don’t know what was next we would do. They sit me down one day, and they’re like, “Listen, we want to talk to you. Listen, this is Frank and Lorenzo, the brothers.”

The main catch was that White would be involved in the decisions of the organizations. The brother convinced him that this deal was incredible for the trio and White individually. Ultimately the deal was a show breaker and now they make billions out of it.

What do you think about the new decision of Endeavour? 

Read More: “The Blood Was Sort of a Disaster” – Just Like Dana White, Stephen A. Smith’s Serious Health Condition Exposed by UFC CEO’s Nutritionist