What Nick Khan said to WWE employees regarding merger with UFC to create TKO

WWE’s Nick Khan sent out the following e-mail to company employees today…

This morning, we announced that WWE and the UFC have officially come together to form TO Group Holdings, creating a new premium sports and entertainment company. TO 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 has 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

Click here for the official press release regarding the merger.