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In addition, on April 5, Endeavor agreed to purchase 1.64 million shares of McMahon’s Class A common stock of TKO (also for $89.01 per share) for a total of of $146.2 million.
In an SEC filing last month, TKO disclosed that McMahon forfeited 86,918 shares of unvested stock units, valued at $7.5 million, after he resigned under pressure from the TKO board. Best of Variety
Within 20 minutes, the TKO stock price had jumped more than 5% and was up 7.84% at market close. Clearly, investors are happy to see these lawsuits, with estimated potential damages set as high as ...
The merger closed on September 12, 2023; [38] [33] with Vince McMahon personally owning approximately one-third of the Class A Common Stock of TKO Group Holdings, Inc. [39] The first television show produced under the TKO banner was the September 12 episode of WWE NXT. [40] Following the merger, Dana White was made CEO of UFC. [41]
Vince McMahon, the founder and former CEO of wrestling entertainment company WWE, received about $100 million through a sale of about 3.5 million shares of TKO Group. TKO Group was formed last ...
Why TKO Group Holdings is one of Nick's largest personal stock investments. Then, Motley Fool host Alison Southwick and personal finance expert Robert Brokamp discuss some fundamental ways to ...
WWE founder has sold off some $1.5 billion worth of stock in TKO since November, signaling an unwinding of his association with the company that he merged with UFC last year.
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