WWE's smaller rival AEW interested in merger, sources say
Publishing timestamp: 2023-01-13 01:33:31
Summary
All Elite Wrestling, owned by the Khan family, is interested in merging with World Wrestling Entertainment. The Khan family also owns the NFL's Jacksonville Jaguars and Premier League's Fulham F.C. WWE has hired Raine Group and Kirkland & Ellis as its lead financial and legal advisors, respectively, and is exploring a sale of the company before renewing its TV rights. Potential buyers include Comcast, Endeavor, and Netflix.
Sentiment: NEUTRAL
Tickers: CMCSA, NFLX, EDR, WWE, WBD,
Keywords: comcast corp, media, entertainment, warner bros discovery inc, netflix inc, endeavor group holdings inc, business news, technology, world wrestling entertainment inc, breaking news: business, sports,
Source: https://www.cnbc.com/2023/01/12/aew-has-interest-merging-wwe.html