WWE Enters Agreement for New Corporate Jet

WWE reported in their 10-Q quarterly report that they have entered into an agreement to purchase a new corporate jet for $27.5 million.

The report, which was released earlier today, notes that once the transaction is complete, additional improvements and taxes would run the final cost to $31-32 million.

The 2006 Bombardier Bombardier Global 5000 jet will replace the WWE’s current plane which is a 1998 Canadair Challenger. WWE has owned the jet since 2001. WWE is looking to sell the Canadair Challenger.

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