How WWE Planned to Defend UFC Merger
We’ll never know what WWE co-founder Vince McMahon, performer-turned-executive Triple H, and other officers and directors of the wrestling empire might have said on the stand in the Delaware Chancery Court, thanks to a settlement in the works with shareholders.
A court filing unsealed just as the trial schedule was unraveling, however, suggests how they might have defended World Wrestling Entertainment’s $21 billion merger with Ultimate Fighting Championship.
Shareholders claim the 2023 deal was manipulated to preserve power for McMahon amid sexual misconduct allegations and steered toward McMahon’s friend Ari Emanuel ...