Vince McMahon Sells $311M in WWE Parent Company Stock to TKO and Endeavor
TKO and Endeavor are set to purchase shares from former WWE chairman Vince McMahon, with Endeavor buying 1,642,970 shares for $146.2 million and TKO buying an additional 1,853,724 for about $165 million, totaling approximately $293 million. After the transactions close, Vince will have 8,021,405 remaining TKO shares, reducing his ownership to about 4.7% of TKO.