Vince McMahon Sells Significant Amount Of TKO Shares
- Vince McMahon sold 1.579 million shares of TKO Group Holdings to Endeavor for approximately $250 million, closing the deal on June 4, 2025.
- This sale comes after McMahon stepped down from TKO's board in January 2024 following a civil lawsuit filed by a former WWE employee accusing him of serious misconduct, claims which he has firmly denied.
- TKO was formed in 2023 through the WWE-UFC merger under Endeavor's leadership, which now controls 61.7% of TKO and recently took Endeavor private.
- Before this transaction, McMahon held about 8 million shares, representing 9.8% economic stake and 4.1% voting power, and has sold over $2 billion in TKO stock.
- The latest divestment reduces McMahon's stake to roughly 3%, marking a continued retreat from his wrestling empire amid ongoing legal and operational scrutiny.
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WWE's Vince McMahon Plans to Sell 8.4 Million Shares of TKO Stock After UFC Merger
Executive Chairman Vince McMahon is planning on selling a significant chunk of his stake in TKO Group Holdings, the parent company of WWE following the merger with the UFC earlier this year.
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