UFC President Dana White issued a statement on Twitter regarding the upcoming purchase of WWE by Endeavor, the parent company of UFC.
This company has been on fire for the last seven years and now that we will be adding WWE to the portfolio, I am excited to take this to another level. 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 five years.
WWE and UFC will be merged into a new publicly traded sports and entertainment company. Dana White will remain the UFC President in the new company.