WWE planning to meet with potential buyers in April for first-round bids

[Chris]

WWE is meeting with potential buyers next month.

CNBC is reporting that WWE is set to meet with potential buyers in April in preparation for first-round bids. The article also stated that there is no guarantee that a transaction will take place.

Talks of a potential sale have ramped up since Vince McMahon returned to power in January, installing himself and two others onto the Board of Directors, which ultimately voted him back in as Chairman of the Board. At the time, McMahon said that he had made his return to the company with the intention of selling the promotion. McMahon had been ousted last July after it was revealed he used company funds to pay for hush money allegations.

Recently, it was reported that McMahon was looking to sell the company for $9 billion.

In a February interview, WWE CEO Nick Khan told CNBC that he had hoped the sale would be done within the next three months. Khan also said in the interview that there would be “no issue” with McMahon not being involved at all with WWE following a sale if it was right for the company.

https://www.f4wonline.com/news/wwe/report-wwe-meeting-with-potential-buyers-in-april-for-first-round-bids

 

[Wiseman]

I'm ready, got my billions in a ponzi scheme