World Wrestling Entertainment is continuing work on their latest attempt towards purchasing the Mid South/UWF video library owned by Bill Watt's ex-wife as they were in Georgia a week or so back doing due diligence on the library.
One of the major obstacles in the past had been the sizeable difference between what WWE was willing to pay to acquire the library and what Bill Watt's ex-wife, Ene and her sons felt the library was worth. One source close to the family indicated the company hasn't given an official offer yet but spent several days looking over the quality of the footage.
Should they purchase the library, it would be the last "major" promotion from the 1980s they have acquired that is still in some sort of cohesive shape. The only other promotions that come immediately to mind, Memphis and Portland, seem to be fragmented among multiple owners or were long disposed of before anyone recognized their worth.