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Kyle Seifried and Scott Barshay Named “Dealmakers of the Year” by The American Lawyer

The American Lawyer recognized corporate partners Kyle Seifried and Scott Barshay as 2024 “Dealmakers of the Year” for their work advising World Wrestling Entertainment, Inc. (WWE) in its $21 billion deal with Endeavor to combine WWE and UFC, forming a new sports and entertainment giant, TKO Group.

Noting that getting the deal through required “innovation, finesse, and around-the-clock commitment,” the publication highlighted the novel deal structure Kyle and Scott created that enabled WWE legacy shareholders to share in future growth of the combined company and UFC, a formerly private subsidiary, to create a new public entity through the combination, while concurrently preserving a tax-favorable status.

“For both the WWE board and Endeavor, the economics matched up with their desire to provide the brand, the sport and the business with continued stewardship and opportunity to grow,” Kyle told The American Lawyer. “Critically important for our client WWE, the deal ensures that legacy WWE shareholders will continue to share in the upside of the transaction through the structure we implemented.”

This marks the tenth “Dealmaker of the Year” recognition that Paul, Weiss lawyers have received over the past seven consecutive years.

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