WWE Issues Press Release Regarding THQ Bankruptcy, Kofi Appearance, Slammy Highlights

WWE Issues Press Release Regarding THQ Bankruptcy, Kofi Appearance, Slammy Highlights
- Kofi Kingston will be appearing at Bryant and Stratton College in Richmond, VA on Sunday, December 30th at 11am.

- WWE issued the following press release regarding THQ filing for bankruptcy: "WWE (NYSE:WWE) is listed in THQ, Inc.'s recent bankruptcy filing as an unsecured creditor holding a claim of approximately $45 million reflecting the entirety of the existing multi-year agreement. Any impairment of a current THQ account receivable would be immaterial to WWE's financial statements. Even if the impact of THQ's bankruptcy were detrimental to WWE, the Company does not believe that the ultimate economic impact for financial statement purposes would materially and adversely affect the results of operations or financial position of WWE in light of the strength of the WWE brand and the historical performance of WWE's video game business."

- Here are highlights from last Monday's Slammy Awards:

Got a news tip or correction? Send it to us by clicking here.

Author's link:
Fightline.com - Strikeforce Confirms Folding, Statement Issued >>

WrestlingInc.com is the largest independently owned wrestling website in the world (Source: Alexa). Become a fan on Facebook, follow us (@WrestlingInc) on Twitter:

« Previous Headline | Comment | Main | Next Headline »

comments powered by Disqus