Last week World Wrestling Entertainment merged with Endeavor Group to form a new publicly traded company. The deal values the newly combined company at over $21 billion: UFC is worth $12.1 billion and WWE is valued at $9.3 billion.
With the sale of the company, WWE is still planning to open its new headquarters in 2023. The new headquarters will be located at 677 Washington Boulevard in Stamford, Connecticut.
The new headquarters will cover about 400,000 square feet, including offices in the property’s 13-story tower and production space in the adjacent seven-story pavilion. WWE is planning to move all of its Stamford-based employees to the new headquarters.
In May 2019, WWE announced its intention to sell Titan Towers, its home of many years, where the company has been based since May 1991. The new WWE HQ is around two miles away from Titan Towers.
The new company will be led by Emanuel (Chief Executive Officer), who will also continue in his role as Chief Executive Officer of Endeavor, McMahon (Executive Chairman of the Board) and Mark Shapiro, who will be President and Chief Operating Officer of both Endeavor and the new company.
Dana White will continue in his role as President of UFC and Nick Khan will serve as President of WWE. The Board of Directors will consist of 11 members who will be appointed at a later date, six of whom will be appointed by Endeavor and five of whom by WWE.