The good news for WWE following its deal with Endeavor just keeps on coming.
The deal announced on April 3rd will see the sports entertainment giant merge with UFC in a deal worth a staggering $21 billion. As a result of the merger a new publicly listed company will be formed, which will be 51% owned by Endeavor with the other 49% owned by WWE. The as-yet-unnamed company, currently listed as TKO, will have Ari Emanuel serving as CEO and Vince McMahon involved as Executive Chairman.
In response to the news, WWE’s stock price rose to a four-year high of $97.23 by the time the market closed on April 4th.
Since then, the price has continued to rise and closed at $100.38 on April 6th. That day the price hit a record high of $101.03 before dipping slightly.
BREAKING: @TripleH will be on #SmackDown tomorrow night to address the WWE Universe.https://t.co/jsEZLmMlMlpic.twitter.com/PwWcJ9swiU
— WWE (@WWE) April 6, 2023
Triple H To Appear On WWE SmackDown
Following the news of the merger, Triple H opened Monday Night Raw. WWE’s Chief Content Officer first paid tribute to everyone involved in WrestleMania 39 after the company announced it was the most successful event in WrestleMania history.
The Game then moved on to the merger without mentioning the deal or UFC specifically. In a defiant mood, he said that nothing would be changing on-screen, only that the company would be getting stronger.
It has now been announced that Triple H will also be appearing on the April 7th episode of SmackDown.