WWE founder Vince McMahon sells $300m shares in WWE's parent company, TKO Group Holdings, following resignation amid allegations.
WWE founder Vince McMahon has sold over $300m worth of shares in WWE's parent company, TKO Group Holdings, as part of a series of sales totaling $1.5bn since November. The sales follow McMahon's resignation in January after facing sexual assault and trafficking allegations. Endeavor, which owns TKO, is set to go private after a three-year run as a public company with an equity value of $13bn.
April 08, 2024
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