Vince McMahon is back at WWE to ensure a smooth sale process. Here's who might want to buy it
Publishing timestamp: 2023-01-07 12:00:02
Summary
Vince McMahon has rejoined the WWE board of directors to facilitate potential sale talks ahead of the company's media rights renewal. WWE has hired JPMorgan to advise on the potential sale. Potential buyers include legacy media companies, streaming giants, and entertainment holding companies such as Comcast, Fox, Disney, WarnerMedia, Discovery, Netflix, Amazon, and Endeavor. The sale is likely to occur in the next three to six months.
Sentiment: NEUTRAL
Tickers: FWONA, CMCSA, NFLX, AAPL, FOXA, DIS, EDR, WWE,
Keywords: business, entertainment, apple inc, bob iger, world wrestling entertainment inc, walt disney co, comcast corp, media, greg maffei, technology, vince mcmahon, breaking news: business, liberty media corp, netflix inc, endeavor group holdings inc, reed hastings, liberty formula one ser b, business news, fox corp. class a,
Source: https://www.cnbc.com/2023/01/07/who-would-buy-wwe-as-mcmahon-returns-to-board-to-pursue-sale.html