-

Rumor of AMC Networks WWE takeover spikes stocks for a few

For a brief moment, WWE stock shot up to almost $32 a piece at around 2PM after rumors of a takeover by AMC Networks.

Fifteen minutes later stocks went back down to its current place hovering above the $29 mark but the $31.98 it reached at 2PM presented a new all-time high for the company.

The rumor of a takeover by AMC Networks came out of nowhere and the only link between the two companies is their negotiation for WWE television rights as AMC is one of the networks interested in bringing WWE television to their portfolio.

Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

LATEST NEWS

Early betting odds for the WrestleMania 37 top four matches

A total of 14 matches are part of the two-night WrestleMania pay-per-view this weekend and we will bring you...

Andre memorial battle royal and SD Team Team titles match tonight on Smackdown on FOX

Tonight on FOX, there will be a special WrestleMania edition of Smackdown as two matches which usually are on...

More WrestleMania 37 tickets sold

WWE managed to move a few more hundreds of tickets for this weekend's WrestleMania with just under 1,300 remain...
spot_img

Stories you might also likeRELATED
Recommended to you