After a 2 night Wrestlemania concluded in Los Angeles, a major deal was announced today between World Wrestling Entertainment and Endeavor Group Holdings, the parent company of Ultimate Fighting Championship. The two brands will combine to create a mega-sports entertainment company y worth over $21 billion.

More about this from WIVB, CLICK HERE.

The new business, which does not yet have a name, will be lead by Endeavor CEO Ari Emanuel. Vince McMahon, executive chairman at WWE, will serve in the same role at the new company. Dana White will continue as president of UFC and Nick Khan will be president at WWE.

The WWE's Vince McMahon and Endeavor CEO Ari Emanuel appeared on CNBC to make the announcement this morning. YOu can watch the interview below.

LOOK: Here is the richest town in each state

Just saying the names of these towns immediately conjures up images of grand mansions, luxury cars, and ritzy restaurants. Read on to see which town in your home state took the title of the richest location and which place had the highest median income in the country. Who knows—your hometown might even be on this list.


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