WWE acquisition reportedly leading to a big payday for multiple banks

According to a report from Financial Times, the impending merger between WWE and UFC looks to profit quite well for multiple banks advising on the deal, upon its successful close.

Raine Group looks to gain the most from their services, receiving $65.5 million.

JP Morgan and Moelis will each receive $25 million for their advisement to WWE on the matter, as well.

This comes off the heels of the merger taking shape with a new name, TKO Group Holdings, as reported on previously.

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