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Interest builds in World Wrestling Entertainment amid media merger buzz

  • Shares of World Wrestling Entertainment (WWE +6.5%) move higher on heavy volume on renewed buyout speculation.
  • The M&A buzz in the media sector kicked into a higher gear yesterday after 21st Century Fox made an offer for Time Warner.
  • Though the streaming sub growth at WWE hasn't dazzled, analysts think the initiative could still draw interest from a company on the distribution side of the business.
Comments (4)
  • Cfritter
    , contributor
    Comments (42) | Send Message
     
    Vince is never going to sell the WWE....6.5% pop isn't justified
    17 Jul, 03:42 PM Reply Like
  • gnuman
    , contributor
    Comments (85) | Send Message
     
    Wasn't this the same rumor that made the stock pop to $31 a few months ago? Oh right Time Warner, the one who owned their competitor until AOL bought them out and went bankrupt.

     

    Vince isn't going to sell. Or as he'd say over my dead body.
    17 Jul, 07:45 PM Reply Like
  • pklow
    , contributor
    Comments (9) | Send Message
     
    Everything has a price ...
    18 Jul, 02:08 AM Reply Like
  • msrx8ajr
    , contributor
    Comments (3) | Send Message
     
    it's more about an LBO led by Vince ...
    18 Jul, 04:41 AM Reply Like
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