WWE Places $27 Million Bid For TV Production Building – Full Details

WWE placed a $27 million bid on the building that houses its TV production facility in Stamford, Connecticut on Friday, according to the Stamford Advocate. WWE is looking to buy an office complex that was recently put up for sale as part of bankruptcy proceedings.

“An opportunity arose that made sense for us to pursue,” WWE said in their statement to the newspaper. “If we’re successful in the purchase of the building, WWE would become the building’s landlord and assumes the previous owner’s lease obligations.”

There are more than 100 bidders for a total of eight properties that were made available for bidding. WWE went above and beyond on their bid as they offered $3 million above the minimum price for the office complex they bid on.

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