Endeavor Group nears deal to acquire WWE, Bloomberg reports

Endeavor Group (EDR) is nearing a deal to acquire World Wrestling Entertainment, Bloomberg’s Kamaron Leach, Michelle F Davis, and Lucas Shaw report, citing people familiar with the matter. The entertainment conglomerate could announce a deal imminently for WWE, said the people. Endeavor is run by Ari Emanuel, who has diversified the company over the years from its roots representing Hollywood actors to adding sports stars, ownership of live events including the Ultimate Fighting Championship as well as a sports-betting technology company.Reference Link