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[QUOTE="jncuse, post: 4627240, member: 1969"]
Doesn't seems like shareholders are that happy either today, with the share price down 6%.   I probably wouldn't be either if I had bought to take advantage of a sale.    This was much more of a merger than a sale, and their is zero finality here in terms of what they will receive.

I suspect shareholders were hoping for an outright sale to a private company (where they get paid out immediately), or a sale to a much larger private company, where even if shareholders thought WWE was overpriced and the price went down on final sale date, it would be diluted over a much larger market cap.

This scenario puts the future WWE value at much more risk.

They are claiming the sale is worth $9B as part of a new public $21 B company  that has not been launched- this is their own valuation (all on paper ), but will it be the public valuation once the new public company launches?   Really depends how the public will view the UFC. which will now become a publicly owned rather a privately owned asset -- and without an outright sale the current market cap of WWE is about $6.5 billion not the $9.3 billion valuation it currently has.

I would be stunned when the new company launches that it has a market cap anywhere near $21billion (which would suggest the worth to WWE shareholders is about $10.2 billion).    WWE shareholders own 49% of the new company, so anything over $14 billion on launch would be a profit over the current market price entering today.      But shareholders are not fully buying that either with the decrease today.
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