"Good sources tell me cable group AMC Networks has been sniffing around World Wrestling Entertainment Inc, the US-listed company behind those ridiculous wrestling programmes, such as WWF, Raw and Smackdown.
AMC Networks has held at least one exploratory conversation with WWE - which saw its shares rise by about 30pc during last week - about some kind M&A transaction in recent months, according to "people familiar with the matter". However, the talks are understood to have not gone anywhere.
Another source said bankers from UBS have been advising AMC Networks, owner of Sundance TV, on a potential deal and financing options.
This well-placed source said any transaction may value WWE at between $2.6 and $2.8bn."
It should be noted that a deal between WWE and AMC is by no means a certainty. The chances of WWE selling are very slim. WWE's George Barrios told Bloomberg last week that the company is not in merger talks.
Got a news tip or correction? Send it to us by clicking here.
Short URL: http://winc.cc/NO9GbA
How Much Does Ronda Rousey Make In Sponsorships?, UFC Embedded, UFC 187 Weigh-In Results
Hulk Hogan Talks Training For WrestleMania Match, Vince Challenging Him To Get In Shape, Expendables
Jim Ross Blogs On TNA Talent Being Kept In The Dark Regarding Destination America Status
Chael Sonnen Reveals Which WWE Hall Of Famer Put Him In Touch With Jeff Jarrett, Jim Ross News
Ric Flair On Why He's Not Wrestling Anymore, John Cena Breaking His Record, Managing Charlotte
King Cuerno Talks About AAA Lucha Libre World Cup, Rey Mysterio, Alberto El Patron, Former Sin Cara
Ronda Rousey Responds To David Spade Not Wanting Her To Wrestle For WWE
Destination America Reportedly Cancels All TNA Wrestling Programming
** SPOILERS ** WWE NXT Taping Results For The Next Four Weeks (With Photos)
CM Punk Posts Light Hearted Tweet About Wrestling Again, Promoter Wants To Book Samoa Joe Vs. Punk
"WWE NXT Takeover: Unstoppable" Results: Major Name Debuts, Three Championship Matches
Triple H Lied To Us, Samoa Joe's First Tweet After NXT Debut, Finn Balor's Entrance (Video)