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UFC and WWE Owner to Acquire Professional Bull Riders in $3.25 Billion Deal – The Business Journals

In a groundbreaking move that is set to shake up the world of professional sports entertainment, the Professional Bull Riders (PBR) organization has been acquired by the owner of UFC and WWE in a deal worth a staggering $3.25 billion. This acquisition marks a significant milestone for the PBR, which has long been a staple in the world of rodeo and bull riding.

The acquisition of PBR by the owner of UFC and WWE is a strategic move that aims to capitalize on the growing popularity of bull riding as a sport. With the rise of extreme sports and the increasing demand for adrenaline-pumping entertainment, bull riding has emerged as a thrilling and captivating spectator sport that has captured the imagination of fans around the world.

The PBR organization, which was founded in 1992, has grown exponentially over the years, attracting top riders and bulls from around the globe to compete in its high-energy events. With its unique blend of athleticism, skill, and danger, bull riding has become a must-see event for fans of all ages.

By acquiring PBR, the owner of UFC and WWE is looking to leverage the organization’s strong brand and loyal fan base to expand its reach and appeal to a wider audience. With its expertise in promoting and marketing high-octane sports entertainment, the owner of UFC and WWE is well-positioned to take PBR to new heights and elevate the sport of bull riding to a whole new level.

One of the key benefits of this acquisition is the potential for cross-promotion and collaboration between PBR, UFC, and WWE. By leveraging the star power and marketing muscle of these three powerhouse organizations, fans can expect to see exciting new opportunities for crossovers and collaborations that will bring together the best of all three worlds.

Furthermore, the acquisition of PBR by the owner of UFC and WWE is expected to bring about significant changes and innovations in the world of bull riding. With access to greater resources and expertise, PBR can explore new avenues for growth and development, including expanding its reach internationally and introducing new formats and events that will appeal to a broader audience.

Overall, the acquisition of PBR by the owner of UFC and WWE represents a bold and ambitious move that has the potential to revolutionize the world of professional bull riding. With its unparalleled expertise in sports entertainment and its track record of success, the owner of UFC and WWE is well-equipped to take PBR to new heights and usher in a new era of excitement and innovation for fans of bull riding everywhere.

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