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On April 7, McMahon entered into a stock sale agreement with TKO, which will purchase 1.85 million of his shares in TKO at a per-share price of $89.01 for an aggregate amount of $165 million, per ...
Shares of TKO, which began trading Tuesday on the New York Stock Exchange, closed up 2.4% on the day, to $103.05 per share after opening at $102. Meanwhile, Endeavor’s stock rose 1.1%, to $22.16 ...
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]
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 ...
Shares of TKO closed down 8.7% Thursday on the news, dropping to $115.00/share. ... while reducing his price target on the stock from $137 to $135 per share to account for the impact of issuing $3 ...
Vince McMahon, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell more than $400 million worth of TKO stock ...
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.
TKO together … The hope is that by tag-teaming as a unified force, UFC and WWE together will become stronger than they could be separately. WWE, UFC Officially Merge to Form TKO Group, New Stock ...