Reply to thread

Message

[QUOTE="jncuse, post: 4539086, member: 1969"]
Another eventful week in business of WWE.

1.  Another corporate shareholder lawsuit - like the other one I don't think it has much merit, but it certainly signals things could get messy if the sale process drags out for long.
2.  Vince makes the news by settling another harassment based lawsuit, and WSJ reports that there are more to come
3,  Employees released as the WWE starts to cut costs.

I find #2 and #3 interesting because it messages that the WWE is serious about selling.    It also signals that PubCo's are still real players here as potential acquirees, which is good because Vince probably doesn't survive if WWE is bought and controlled by a new public company overlord.    They wouldn't want his stink and he would not have any control.

When you put yourself for sale to another public company you want to settle as many liabilities (lawsuits and severances) pre-acquisition so they do not go on the balance sheet of the acquiree - so the new company does not need to take the expense hit after they buy you.

There is no need to settle liabilities like this for a private entity acquisition like the Saudi's where Vince probably could weasel his way into more day to day power.

So I guess I am trying to find a positive spin where Vince is potentially out.  Of course all the options are still possibility.
[/QUOTE]

Verification

What is a Syracuse fan's favorite color?