-- The Endeavor/WWE merger is expected to be finalized in mid-to-late September and as reported before, almost everyone expects cost-cutting measures to start immediately upon the transaction close with layoffs expected. As per the Wrestling Observer Newsletter, Vince McMahon will own 16.4% of the stock in the new TKO company which would be comprised of 51% UFC and 49% WWE. His voting power will also be reduced to 16.4%. Linda McMahon will own 0.3%, Stephanie McMahon will own 1.1% while other current WWE officers (Nick Khan, Paul Levesque, Kevin Dunn, Frank Riddick and others) will own a combined 1.3%.
-- The company's new Board of Directors will be made up of six people from Endeavor: Ari Emmanuel, Egon Durban, Jonathan Kraft, Sonya Medina, Mark Shapiro and Carrie Wheeler. From WWE the board members will be Vince McMahon, Nick Khan, Steve Koonin and Nancy Teliem. There will be one more member appointed and it will be from the WWE sector.
