Major TV Company Interested In Buying WWE?

[Role Model]

- SeekingAlpha.com sent out a WWE alert this afternoon that says WWE stock spiked this afternoon in mid-day trading based on a rumor that AMC Networks is interested in buying WWE.

There's no word yet about the rumor of AMC being interested in buying WWE. We know that WWE recently talked with AMC about their TV distribution but the note from SeekingAlpha.com is the first we've heard of AMC being interested in buying WWE.

[Will]

They aren't interested in buying the wwe, they are interested in acquiring the broadcasting rights. Wwe is not for sale, but their tv deal expires this year so they are shopping them around to all networks.