WWF Buys WCW Brand From Turner
STAMFORD, CONN. -World Wrestling Federation Entertainment Inc. announced late Friday that it purchased the World Championship Wrestling brand from Turner Broadcasting System Inc.
The sale, which will merge the rival wrestling outfits, came after Fusient Media Ventures pulled out of a deal to buy WCW for $75 million.
Turner Network Television will televise its final Monday Nitro
program on Monday. That same night, some WCW wrestlers may appear on the WWF's Raw Is War
on TNN: The National Network, WWFE said.
Terms were not disclosed.
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