In accordance with a brand new SEC submitting, per Fightful, Vince McMahon offered 1,579,080 shares of TKO inventory to Endeavor. The per share worth on the time of the transaction was $158.32, making it roughly $250,000 million.
Following the sale, McMahon nonetheless has 6,442,325 of TKO shares, which is has him round nonetheless proudly owning roughly 3 p.c of TKO inventory with no voting rights.
We reported final week that public filings indicated Vince registered three restricted legal responsibility corporations in Connecticut again on September 20, 2024. All three entities had been fashioned in Delaware and listing the identical Stamford, Connecticut handle as their principal workplace, with McMahon named because the managing member for 2 of the entities.
The three LLC’s are listed as follows:
14TH & I Administration LLC
14TH & I Holdings LLC
14TH & I Investments LLC
Vince McMahon and WWE are nonetheless a part of the continued lawsuit alleging intercourse trafficking, sexual abuse and harassment by former worker Janel Grant. Final week, former WWE Govt John Laurinaitis was dismissed as a defend after agreeing at hand over proof to Grant’s authorized staff.
