The merger is expected to be completed in the second half of 2023. In April 2023, Endeavor Group Holdings announced that UFC would merge with the wrestling promotion WWE to form TKO Group Holdings, a new public company majority-owned by Endeavor, with Vince McMahon serving as an executive chairman of the new entity and White remaining as UFC president. It earned US$609 million in 2015, and its next domestic media rights agreement with ESPN was valued at $1.5 billion over a five-year term. ![]() With a TV deal and expansion in Australia, Asia, Europe, and new markets within the United States, the UFC has achieved greater mainstream media coverage. In 2021, Endeavor bought out Zuffa's other owners at a valuation of $1.7 billion. In 2016, UFC's parent company, Zuffa, was sold to a group led by Endeavor, then known as William Morris Endeavor (WME–IMG), including Silver Lake Partners, Kohlberg Kravis Roberts and MSD Capital for US$4.025 billion. The UFC was initially owned by the Semaphore Entertainment Group (SEG) until it had financial issues and it was sold to the brothers Frank and Lorenzo Fertitta in 2001, who formed the company Zuffa to operate the UFC, and placed Dana White as the president of the company. In subsequent events, more rigorous rules were created and fighters began adopting effective techniques from more than one discipline, which indirectly helped create a separate style of fighting known as present-day mixed martial arts. The purpose of the early Ultimate Fighting Championship competitions was to identify the most effective martial art in a contest with minimal rules and no weight classes between competitors of different fighting disciplines. The UFC was founded by businessman Art Davie and Brazilian martial artist Rorion Gracie, and the first event was held in 1993 at the McNichols Sports Arena in Denver, Colorado. Under White's stewardship, it has grown into a global multi-billion-dollar enterprise. Dana White has been its president since 2001. As of 2022, it had held over 600 events. It produces events worldwide that showcase 12 weight divisions (eight men's and four women's) and abides by the Unified Rules of Mixed Martial Arts. It is the largest MMA promotion in the world as of 2022. It is owned and operated by Zuffa, a wholly owned subsidiary of Endeavor Group Holdings. The Ultimate Fighting Championship ( UFC) is an American mixed martial arts (MMA) promotion company based in Las Vegas, Nevada. are subject to a Lock-Up Agreement Ending on. Announces Resignation of Mohammed Grimeh as Chief Operating Officer, Effective on or About February 18, 2020Ĭertain Class B Ordinary Shares of Silver Spike Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2020 Reports Earnings Results for the Second Quarter Ended June 30, 2020 Reports Earnings Results for the Third Quarter Ended September 30, 2020 ![]() from a group of sellers for $1.4 billion in a reverse merger transaction. WM Holding Company, LLC signed a definitive business combination agreement to acquire Silver Spike Acquisition Corp. Silver Spike Acquisition : Shares Halted, News Pending Silver Spike Acquisition : WM Holding to List on Nasdaq Through Merger With Silver Spike Acquisition Transcript : Silver Spike Acquisition Corp., WM Holding Company, LLC - M&A Call SPAC Silver Spike Acquisition Closes $250 Million IPO Reports Earnings Results for the First Quarter Ended March 31, 2021 has Changed its Name to WM Technology, Inc Silver Spike Acquisition Corp.(NasdaqCM:SSPK) dropped from NASDAQ Composite Index from a group of sellers in a reverse merger transaction. WM Holding Company, LLC completed the acquisition of Silver Spike Acquisition Corp.
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