Vince McMahon is seeking as much as $9B in a potential sale of World Wrestling Entertainment (WWE), or an asking price 37% greater than the company’s current market value of about $6.5B, according to Bloomberg’s Lucas Shaw, citing people familiar with the matter. The sports entertainment company has already received offers, added the sources. The list of potential buyers for WWE includes Endeavor Group (EDR), the owner of Ultimate Fighting Championship, as well as investors from the Middle East who have already made major investments in golf and soccer, the report added.
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Published first on TheFly
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