"Vince McMahon's $400 Million Stock Sell-Off and Sex Trafficking Lawsuit Updates"

1 min read
Source: MMA Fighting
"Vince McMahon's $400 Million Stock Sell-Off and Sex Trafficking Lawsuit Updates"
Photo: MMA Fighting
TL;DR Summary

Vince McMahon, who resigned from his role as executive chairman of TKO Group Holdings in January, is selling off over $400 million worth of stock in the company, following a previous sale of $700 million worth of stock in November. This move comes after McMahon left the company due to a lawsuit filed against him by a former WWE employee. Endeavor, the parent company to TKO Group Holdings, acquired WWE and maintains a 51-percent controlling interest over the company. McMahon's latest stock sale raises questions about the future ownership of the company.

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