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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]
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 Group Holdings, the parent company of the UFC, will pay $335 million after settling two class action lawsuits brought by ex-UFC fighters. ... Within 20 minutes, the TKO stock price had jumped ...
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
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.
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 ...
“We think there is nearly 20% upside in TKO shares, and would be buying this pullback,” Joyce wrote, while reducing his price target on the stock from $137 to $135 per share to account for the ...
UPDATED: Shares of TKO Group Holdings, the parent company of WWE and UFC, popped on news of its 10-year deal with Netflix for “Monday Night Raw” that delivers a significant step-up in fees for ...
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