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On August 24, World Wrestling Entertainment, Inc. NYSE: WWE was like a beefy man in tights standing atop the ropes in preparation for a takedown. The specialty media group had just announced record ticket sales for the upcoming 'WrestleMania 40' at Lincoln Financial Field in Philadelphia.

UFC parent Endeavor Group and World Wrestling Entertainment said today they expect to close the planned merger of UFC and WWE on September 12. That's on the earlier end of expectations as Endeavor said in August it expected the deal to close in mid-to-late September.

World Wrestling Entertainment Inc ( WWE , Financial) is a renowned name in the media industry, specializing in professional wrestling. The company has a market capitalization of $9.37 billion and a stock price of $112.72 as of August 10, 2023.

World Wrestling's (WWE) second-quarter results reflect a year-over-year improvement in both earnings and revenues due to a shift in the staging time of a large-scale international event.

WWE announced a multilayered partnership with Slim Jim on Thursday. The brand is the presenting sponsor for a battle royal at SummerSlam.

WWE chairman Vince McMahon was hit with a search warrant and federal grand jury subpoena, the company said in a filing to the SEC on Wednesday.

WWE said in the filing with the Securities and Exchange Commission that while government investigations into McMahon remain ongoing, no charges have been brought in them.

WWE boss Vince McMahon has been under investigation over millions of dollars paid to women after he was accused of sexual misconduct.

World Wrestling Entertainment said on Wednesday U.S. federal law enforcement agents executed a search warrant and served a subpoena to Executive Chairman Vince McMahon last month, though no charges were brought against him.

Author Michael Thomsen tells the tale.