Could A Dutch Media Tycoon Buy WWE?

World Wrestling Entertainment, Inc. WWE's name has been thrown around as an acquisition target since at least 2014.

The company may have a standing bidder on its hands, at least according to a report by the New York Post.

The New York Post reported that John de Mol, a Dutch media tycoon best known for the "Big Brother" franchise is interested in buying the company. The publication, citing its sources, noted an offer was extended to Vince McMahon to acquire the company, should the 70-year-old executive ever decide to sell his empire.

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However, a spokesperson for WWE told the New York Post that McMahon "isn't in any discussions about a potential sale."

A spokesperson for de Mol echoed a similar sentiment and told the New York Post, "we do not comment or give explanations on the investments of John de Mol and therefore also not with respect to his investment in WWE."

Shares of World Wrestling Entertainment are nearly flat since the start of 2016, but have gained more than 30 percent over the past year. The stock was up more than 3 percent at $17.86 on Monday.

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Posted In: NewsRumorsSportsGeneralJohn de MolVince McMahonWorld Wrestling EntertainmentWWE
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