Nick Khan Addresses WWE Staff Following Endeavor Takeover

Today marks a historic day in the history of both WWE and the professional wrestling industry as a whole as Endeavor has officially acquired WWE and has merged the company with UFC to form TKO Group Holdings. The news was confirmed in a press release earlier today after the company was added to the New York Stock Exchange this morning, with the likes of Ari Emanuel, Vince McMahon, Dana White and Nick Khan in attendance to ring The Opening Bell.

Following the announcement, WWE President Nick Khan sent an internal email to all company staff regarding the takeover. In a post on X (formerly Twitter), Brandon Thurston of Wrestlenomics released the statement which thanked staff for their efforts in making the historic move happen and addressed internal uncertainties stemming from the acquisition.

“This morning, we announced that WWE and the UFC have officially come together to form TKO Group Holdings, creating a new premium sports and entertainment company,” Khan wrote. “TKO will begin trading today on the New York Stock Exchange under the ticker symbol ‘TKO.’

A big thank you to all of you for the hard work and commitment that helped us achieve this milestone. As we now begin this transition, we will be in touch with more details. In the interim, we will be communicating with each of you regarding new policies and procedures. HR will also be available to answer any and all questions you may have.

We know when companies undergo change it can feel like uncertain times. The special culture that WWE has cultivated over its long history is what allowed our business to flourish and we will be preserving that as WWE and UFC both continue to grow together as part of TKO. As always we’ll continue to focus on the work throughout this transition and make sure to communicate with all of you throughout the process. Thank you, Nick Khan.”