Republished from Fortune
Photo by Ethan Miller—Getty Images
Under one condition.
Vince McMahon hasn’t been particularly open to the idea of selling WWE WWE -5.74% —but on an earnings call Thursday, McMahon sounded as if he’s had a change of heart.
“We’re open to anything,” the CEO said, reiterating a sentiment the company first expressed in August. But only under one condition: WWE’s potential buyer would have to let WWE “control its destiny,” the New York Post reports. The call also covered the WWE’s third quarter operating profits, which were up by 4.7%, reaching $24.5 billion. WWE’s revenue fell slightly.
In August, Fortune reported that McMahon sold 1.55 million shares of the company’s total Class A and Class B shares, leaving the CEO with a majority ownership and about 47% of total shares. At that point WWE’s chief strategy and financial officer, George Barrios, said that while the company wasn’t actively searching for a buyer, as appears to be the case now, “we’re always open to listening” and “to anything that we thought could help us.”
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