|
Post by ICW on Jan 8, 2014 20:49:45 GMT -5
FOR IMMEDIATE RELEASE SHANE McMAHON ANNOUNCES INTENSE CHAMPIONSHIP WRESTLING, INC. LINDA McMAHON NAMED CEO STAMFORD, CT. (Nov. 19, 2007) – Shane McMahon has announced the launching of a new Professional Wrestling and Sports Entertainment organization: Intense Championship Wrestling, Inc. (NYSE: ICW), effective on November 20, 2007 at approximately 12:00 AM (EST). Earlier this morning, McMahon announced the discontinuation of the World Wrestling Entertainment, Inc. (NYSE: WWE) brand. ICW will replace the WWE as the most dominant Professional Wrestling and Sports Entertainment organization in all of North America. The launching will provide ICW with global rights to the WWE brand, television time slots, tape library, and other intellectual property rights. Shane McMahon, who will run the organization as its Owner and Chairman, has announced that Linda McMahon will be named the Chief Executive Officer of ICW. "This is a new beginning, one that is the perfect creative and business catalyst for the Sports Entertainment industry," said Linda McMahon. "Bringing a sense of legitimacy to our product is extremely important. The unique mix of former WWE and TNA talents, plus the rise of future talent will create intriguing storylines that will attract a larger fan base to the benefit of our advertisers and business partners, and propel sports entertainment to new heights." Shane McMahon is expected to announce further details of the company at 3:00 PM (EST) in a press conference from Madison Square Garden.
|
|
|
Post by WCWA Online on Jan 11, 2014 10:35:12 GMT -5
I think the real question is, did ICW acquire the Diarrhea Championship Penis Wrestling tape library in this buy out?
|
|