WWE, UFC Merge, Form Massive New Company

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WWE, UFC Merge, Form Massive New Company
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The WWE and the UFC are merging into one ... now forming a $21 billion company.

McMahon said in a statement Monday he was thrilled over the news."Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity," McMahon said.

"The new company will be well positioned to maximize the value of our combined media rights, enhance sponsorship monetization, develop new forms of content and pursue other strategic mergers and acquisitions to further bolster our strong stable of brands." White also said Monday he was overjoyed with the merger ... adding,"Vince is a savage in the wrestling space, Ari is a beast at what he does, and then add what we at UFC bring to the table and there is no limit to what this company can accomplish in the next few years."

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