WWE acquires Mexican wrestling company AAA

WWE, owned by TKO Group Holdings, has acquired the Mexican wrestling promotion AAA, expanding its global reach. The deal, announced at Wrestlemania 41, will see the Peña family, who founded AAA, remain involved. A joint event, "World's Collide," is scheduled for June 7 in Los Angeles, featuring talent from both companies. This acquisition is part of TKO's broader expansion strategy, following acquisitions of other sports properties. WWE hopes to leverage AAA's heritage and passionate fanbase.