In the announced agreement between Endeavor Group Holdings, Inc. and World Wrestling Entertainment, Inc., Pillsbury is representing Raine Group, the lead financial advisor to the WWE. The $21+ Billion transaction will result in the establishment of a new, publicly listed company that combines Endeavor’s Ultimate Fighting Championship (UFC) brand with the WWE. The transaction is expected to close in the second half of 2023, subject to regulatory approvals.

For more details regarding the transaction, click here.

The Pillsbury team advising Raine on the deal is led by New York-based M&A and Private Equity partner Stephen Amdur, assisted by Senior Associate Nina Bakhtina (M&A and Private Equity) and Senior Law Clerk Niko John Orfanedes (M&A and Private Equity). Partners Ari M. Berman (Securities Litigation & Enforcement), David Oliwenstein (Securities Litigation & Enforcement) and Stanton D. Wong (Corporate & Securities), Senior Counsel Nate Cartmell (M&A and Private Equity) and Associate Roland C. Reimers (Securities Litigation & Enforcement) also assisted on the transaction.