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Why WWE Shareholder Lawsuit Trial Was Suddenly Cancelled

about 18 hours ago18 views
Why WWE Shareholder Lawsuit Trial Was Suddenly Cancelled

TLDR

The WWE shareholder lawsuit trial was cancelled after the parties reached an agreement in principle for a settlement, according to Court Administrator Tamara Burton. The lawsuit alleged that WWE was undervalued in its 2023 merger with UFC to form TKO Group Holdings and named defendants including Vince McMahon, Nick Khan, Paul Levesque, George Barrios, and Michelle Wilson. The settlement will be presented to the Delaware Court of Chancery for approval at a later date.

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