THis is based on reports in the media, and not finalized in any way that the WWE will be going private apparently after being sold to a Saudi Public Investment Fund. Since the WWE is a publicly traded company at the moment, any deal won't be finalized until shareholders and the like. There are no reports or credible rumors on potential changes in the executive leadership, content or anything like that at the moment either.
The Saudi Public Investment Fund owns aboutr $620 million in assets including ownership of the the Premier League Soccer Team Newcastle United and creating the LIV Golf Tournament as part of the PGA Tour. The Saudi PIF also owns stakes in everything from Blackstone to the video game companies Activision-Blizzard and Nintendo to hundreds of millions worth of shares in companies such as Disney, Boeing, BP and India's Technological Multinational Conglomerate Jio Platforms.
WWE sold to Saudi Arabia’s Public Investment Fund: Report - Washington Examiner
World Wrestling Entertainment has reportedly been sold to Saudi Arabia's Public Investment Fund. The company will become private, according to DAZN reporter Steven Muehlhausen, who added that it is unknown whether founder and former CEO Vince McMahon, who recently returned to the company as...
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The Saudi Public Investment Fund owns aboutr $620 million in assets including ownership of the the Premier League Soccer Team Newcastle United and creating the LIV Golf Tournament as part of the PGA Tour. The Saudi PIF also owns stakes in everything from Blackstone to the video game companies Activision-Blizzard and Nintendo to hundreds of millions worth of shares in companies such as Disney, Boeing, BP and India's Technological Multinational Conglomerate Jio Platforms.