WWE officially purchased EVOLVE Wrestling
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According to the reports of PWInsider, WWE officially buys EVOLVE Wrestling.
The deal was finalized after several months of negotiations. Now WWE has the right to use the name EVOLVE and produce EVOLVE events. World Wrestling Entertainment also purchased the EVOLVE Video Library.
EVOLVE has been going through financial issues due to coronavirus pandemic. The company was founded in 2010 and they had a relation with WWE. Many wrestlers such as Keith Lee, Johnny Gargano, Austin Theory, Matt Riddle and Apollo Crews were part of EVOLVE and they used this company as a stepping stone to make it big in WWE.
However, as per the reports WWN/EVOLVE wrestlers were not the part of the sale and still negotiations are going on for that.