Judge Orders WWE Sale Bidding Details to Be Unsealed in Shareholder Lawsuit

TLDR

A Delaware Court of Chancery judge has ordered that previously redacted information about financial bids during WWE's 2023 merger must be unsealed in the ongoing shareholder lawsuit. Investment firm KKR, which participated in the bidding process, had sought to keep details of its offer confidential, but Vice Chancellor Travis Laster ruled that KKR failed to demonstrate sufficient harm to justify sealing the information. The parties have been ordered to file updated public versions of court documents with the bidding details restored.