New Japan has announced that, effective June 28, it will be acquiring Stardom from parent company Bushiroad Corporation. The promotion will acquire all stakes in Bushiroad Fight Co. Ltd, due to be renamed Stardom Co. Ltd., for 100 million Japanese yen (around $675,000 US). Beyond statements form Stardom President/CEO Taro Okada & NJPW President/CEO Hiroshi Tanahashi, no further details were released.
More as it becomes available.
