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Bankruptcy Judge Approves XFL Sale to Group Led by Dwayne “The Rock” Johnson

Submitted by jhartgen@abi.org on

A bankruptcy judge has approved the purchase of the XFL by former WWE wrestler Dwayne “The Rock” Johnson, Dany Garcia, and RedBird Capital, NBCSports.com reported. The assets were acquired for $15 million. Unsecured creditors had objected to the sale. With no other viable purchasers, however, the judge approved the bid.