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Questions Remain Over Who Pays After WWE Shareholder Trial Gets Pulled
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TLDR
The WWE shareholder trial scheduled to begin Monday in Delaware Court of Chancery was removed from the court calendar on Friday. The case centered on WWE's 2023 merger with UFC to form TKO Group Holdings, with plaintiffs alleging WWE was undervalued and that Vince McMahon steered the transaction toward Endeavor while blocking other potential bidders like KKR and Liberty Media. Questions remain about who would pay any potential settlement, as the lawsuit named individuals including McMahon, Nick Khan, Paul Levesque, George Barrios, and Michelle Wilson as defendants rather than WWE or TKO as companies.
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