Live: NASA names Moon astronauts, WWE merges with UFC, and a train derailment spills beer. Catch up with The Loop

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Live: NASA names Moon astronauts, WWE merges with UFC, and a train derailment spills beer. Catch up with The Loop
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This is The Loop, your quick catch-up for this morning's stories as they happen.

the company which runs Ultimate Fighting Championship toA new publicly traded company will be formed with the UFC and WWE brands, and Endeavor Group Holdings Inc — the current owner of the UFC — will take a 51 per cent controlling interest in the new company. Existing WWE shareholders will hold a 49 per cent stake., which has spent decades under the control of the McMahon family.

Vince McMahon, who purchased Capitol Wrestling from his father in 1982, addressed doubts among some WWE fans and industry experts that he would ever make a deal for the business, in an interview with CNBSC.WWE and Endeavor said their fan bases consist of more than 700 million UFC fans and 1.2 billion WWE fans worldwide.

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