The acquisition of World Wrestling Entertainment (WWE) was valued at $9.3 billion.
Understanding WWE's Acquisition Value
The cost to acquire WWE was established during its sale to Endeavor Corp., the parent company behind the Ultimate Fighting Championship (UFC). This significant transaction brought together two of the world's leading sports and entertainment properties under one roof.
Key Aspects of the Transaction
The reported value of WWE in this acquisition highlights its substantial market presence and brand strength. The agreed-upon value was not just a baseline figure but a premium valuation reflecting the company's potential and enduring appeal.
- Acquiring Entity: Endeavor Corp., widely known as the parent company of the UFC.
- Stated Value: The transaction valued WWE at an impressive $9.3 billion.
- Valuation Significance: This valuation was notably high, exceeding the highest market capitalization WWE had ever achieved by almost 30%. This indicates a strong belief in the future growth and profitability of the sports entertainment giant.
Acquisition Details Summary
To provide a clear overview, here are the core details surrounding the cost and nature of the WWE acquisition:
| Aspect | Detail |
|---|---|
| Acquiring Company | Endeavor Corp. (UFC Parent) |
| Acquired Entity | World Wrestling Entertainment (WWE) |
| Transaction Value | $9.3 Billion |
| Valuation Context | Almost 30% greater than WWE's highest market capitalization |
This $9.3 billion figure represents the exact cost at which WWE was acquired, reflecting a pivotal moment in the landscape of global sports and entertainment.
