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
Clock Ticking for MLB to Avoid Work Stoppage
Major League Baseball and its players' union remain at odds over a new collective bargaining agreement, and if a deal isn't reached by 11:59 P.M. eastern time Wednesday, the league will experience its first work stoppage in more than two decades. Ryan Fagan, Senior MLB Writer at The Sporting News, joins Cheddar News' Closing Bell, where he discusses the impact of such an event on both teams and players across baseball.
NY Islanders Move into Brand New UBS Arena
After a nearly 30-year saga, the New York Islanders have officially found a new home. The NHL team kicked off their very first game at the state of the art UBS arena earlier this month, bringing fans together in Belmont Park, NY. The over $1 billion dollar project comes as the city attempts to return to normalcy. Tom Naratil, President of the Americas at UBS and Jon Ledecky Co-Owner of the New York Islanders joined Cheddar's Opening Bell to discuss the new beginning.
Omicron Risk, Barbados Drops Queen & Jack Logs Off
Jill and Carlo cover the latest developments with the Omicron variant that are spooking markets once again. Twitter's @Jack is leaving, SCOTUS takes up abortion rights and the world has a brand new republic.
Concerns Rise about Chinese Tennis Star Peng Shuai's Safety
Jamil Jaffer, Founder and Executive Director of the National Security Institute, joined Cheddar to discuss the concern surrounding Chinese tennis star Peng Shuai's disappearance following a social media post accusing a former high-ranking Chinese official of sexual assault.
Betting the Thanksgiving Day Games
BetMGM host Olivia Harlan Dekker joins Cheddar Bets to break down the Thanksgiving Day football games and present her Weekend Portfolio of picks. Sponsored by BetMGM
Load More