We have an update on the recent WWE deal, which would have the company sell to Saudi Arabia.
Earlier, we reported that WWE has sold to the Saudi Investment Fund. In an update, sources have told me that “The deal isn’t completely finalized because WWE must provide notice to shareholders & other parties. There are legalities to go through, as the company is publicly traded. But, again, I’m told a deal has been agreed to in principle.”
Steve Muehlhausen of DAZN has also reported that Saudi has purchased World Wrestling Entertainment.
We will continue to provide updates on this story.
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