The rumor out there is that fox offered to buy the company outright, but to me that makes no sense. It sounds like someone got third hand information and either misspoke of made assumptions.
Rumors are abound for some time they want WWE to become a backbone property of their sports channel which makes abundantly more sense to me.
If they are indeed looking to buy the whole enchilada, that should send a chill down the spine of anyone over the age of 30. TV companies owning and trying to run wrestling companies is a recipe for disaster and could send us towards Armageddon of the business as we know it.
In any case, fox executives including their president and CEO were front row at Smackdown yesterday.