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WWE retains restructuring specialist Kirkland & Ellis as adviser for strategic review

(Reuters) - World Wrestling (NYSE:WWE) Entertainment said on Thursday it has retained bankruptcy and restructuring powerhouse Kirkland & Ellis LLP as its legal adviser related to...
WWE retains restructuring specialist Kirkland & Ellis as adviser for strategic review © Reuters. Signage is seen outside of the law firm Kirkland & Ellis LLP in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly
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(Reuters) - World Wrestling (NYSE:WWE) Entertainment said on Thursday it has retained bankruptcy and restructuring powerhouse Kirkland & Ellis LLP as its legal adviser related to its review of strategic alternatives for the company.

It has also retained The Raine Group LLC as financial advisor and August LLC as strategic communications adviser.

WWE shares gained 3% in extended trading.

The announcement comes days after the company elected Vince McMahon as the executive chairman of the media and entertainment company's board and said co-chief executive officer and chairwoman Stephanie McMahon was stepping down.

Vince McMahon returned to WWE earlier this month and made some changes to the company's board. At the time, WWE announced that it was launching a review to explore "strategic alternatives" for the company.

He had retired in July last year, as the company's CEO and chairman, following an investigation into his alleged misconduct. Later, WWE said that it found some unrecorded expenses tied to Vince McMahon.

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31-01-2023 16:29:59 (UTC+7)

EUR/USD

1.0819

-0.0025 (-0.23%)

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Moving Avg:

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EUR/USD

1.0819

-0.0025 (-0.23%)

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Moving Avg:

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GBP/USD

1.2316

-0.0036 (-0.29%)

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Neutral

Moving Avg:

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USD/JPY

130.32

-0.12 (-0.09%)

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AUD/USD

0.7009

-0.0050 (-0.71%)

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Buy

Moving Avg:

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USD/CAD

1.3455

+0.0072 (+0.53%)

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EUR/JPY

140.99

-0.46 (-0.33%)

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Neutral

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EUR/CHF

1.0042

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1,907.00

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23.203

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4.1312

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170.78

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S&P 500

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DAX

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FTSE 100

7,734.95

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US Small Cap 2000

1,885.72

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9,022.66

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52.365

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219.40

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145.41

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    EUR/USD 1.0819 ↑ Buy  
    GBP/USD 1.2316 Neutral  
    USD/JPY 130.32 ↑ Sell  
    AUD/USD 0.7009 Buy  
    USD/CAD 1.3455 Neutral  
    EUR/JPY 140.99 Neutral  
    EUR/CHF 1.0042 Buy  
    Gold 1,907.00 ↑ Buy  
    Silver 23.203 Buy  
    Copper 4.1312 ↑ Buy  
    Crude Oil WTI 76.82 ↑ Sell  
    Brent Oil 83.42 Sell  
    Natural Gas 2.638 ↑ Sell  
    US Coffee C 170.78 ↑ Buy  
    Euro Stoxx 50 4,137.55 Sell  
    S&P 500 4,017.77 ↑ Sell  
    DAX 15,033.85 Neutral  
    FTSE 100 7,734.95 Buy  
    Hang Seng 21,842.33 ↑ Buy  
    Small Cap 2000 1,885.72 Neutral  
    IBEX 35 9,022.66 ↑ Buy  
    BASF 52.365 ↑ Sell  
    Bayer 56.26 ↑ Sell  
    Allianz 219.40 ↑ Sell  
    Adidas 145.41 ↑ Sell  
    Lufthansa 9.617 ↑ Sell  
    Siemens AG 143.28 ↑ Sell  
    Deutsche Bank AG 12.170 ↑ Sell  
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$1,907.33 -14.69 -0.76%
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Sản phẩm Vùng 1 Vùng 2
RON 95-V24.00024.480
RON 95-III23.14023.600
E5 RON 92-II22.32022.760
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.250,0023.620,00
EUR24.796,6826.185,21
GBP28.230,7029.434,52
JPY174,96185,23
KRW16,4720,07
Cập nhật lúc 16:19:26 31/01/2023
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