WWE Merger Trial Set for June 8 Is Removed From Delaware Calendar
Updated
Updated · Fightful · Jun 6
WWE Merger Trial Set for June 8 Is Removed From Delaware Calendar
3 articles · Updated · Fightful · Jun 6
Summary
A four-day Delaware Chancery Court trial over WWE’s 2023 merger into TKO Group Holdings was removed from the calendar ahead of its planned June 8 start.
Greg Varallo, attorney for the shareholder plaintiffs, said late Friday the case was no longer listed, and no reason for the removal was immediately available.
Plaintiffs outlined their case in a June 5 pre-trial brief, seeking nine-figure damages on claims WWE was undervalued in the merger.
Vince McMahon, TKO CEO Ari Emanuel, WWE President Nick Khan and Paul "Triple H" Levesque had been scheduled to testify before Vice Chancellor J. Travis Laster.