Take Two, the parent company of publisher 2K Games, is reportedly picking up the license for the "WWE" franchise. The transaction is occurring after the license for the PS3, Xbox 360 and Wii franchise was not picked up by anyone during Wednesday's bankruptcy auction.
This would be the second intellectual property that Take Two acquired from the THQ bankruptcy auction. It also spent $10.9 million on "Evolve" which is expected to be a next-gen title from Turtle Rock Studios.
Details of the "WWE" transaction have not appeared yet as the deals has not yet been finalized according to IGN.
It was thought that Electronic Arts was a leading contender for the "WWE" license since it purchased the "UFC" franchise from THQ last year. There was apparently no interest from the EA though and now 2K Games can add "WWE" to its sports lineup that includes "NBA 2K" and "MLB 2K".
The Yukes has been the developer behind the "WWE" franchise starting with two "WWF Smackdwon" titles in 2000 all the way through to this year's "WWE 13". It is currently unknown if the studio will move under the 2K umbrella with the transaction.