UFC Parent Company Files To Go Public

After rumors circulated earlier this year, Endeavor is officially filing to become a company on the New York Stock Exchange.

Endeavor, who purchase the UFC in 2016, filed paperwork this week with the Securities and Exchange Commission to be listed on the Exchange and have an initial public offering by the end of 2019.

First reported by the Hollywood Reporter, Endeavor looks to raise around $500 million for a potential $6 billion initial valuation.

This move may mark the end of Dana White’s tenure with the UFC, as White was not a fan of the league going public when it was owned by the Fertitta brothers, saying they’d not go public “while I’m here anyway.”

That may change, as White has signed an extension with Endeavor to help lead the company into the new era that features a long-term broadcast and pay-per-view deal with ESPN.

Report: The Hollywood Reporter

 

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