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WWE Acquired by UFC Owner Endeavor to Form Fighting Heavyweight



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The tens of thousands of fans who crowded into SoFi Stadium in Los Angeles for WrestleMania this weekend got to watch the wrestling icon John Cena be hurled to the canvas by Austin Theory, one of World Wrestling Entertainment’s biggest stars.Offstage, bankers and executives huddled in conference suites at the stadium to put the finishing touches on a new plot for W.W.E.’s future. Endeavor, an entertainment colossus run by the Hollywood power broker Ari Emanuel, was finalizing a deal to acquire W.W.E. and merge it with Ultimate Fighting Championship, the combat sports league Endeavor owns.News of the deal, which aims to create a new public company worth more than $21 billion, broke Sunday before the second night of WrestleMania …

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