Seeking Alpha

Takeover rumors get a hold of World Wrestling Entertainment

  • Shares of World Wrestling Entertainment (WWE +0.6%) spiked higher in mid-day trading on a rumor that AMC Networks is interested in buying the company.
  • The 7% rally in WWE to all-time highs has been quickly deflated.
Comments (2)
  • jromer0
    , contributor
    Comment (1) | Send Message
     
    Isnt this for the rights to air wwe TV shows/content and not ownership? ?
    13 Mar 2014, 04:02 PM Reply Like
  • ShaunSiemas
    , contributor
    Comment (1) | Send Message
     
    I thought so as well Jromer0.
    13 Mar 2014, 11:25 PM Reply Like
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