Vince McMahon unloads another $100 million of TKO Group Holdings stock
Photo by Brad Barket/Getty Images for WWE
Vince McMahon, former executive chairman over TKO Group Holdings and WWE founder, has sold off more stock in the company he left.
Financial filings through the Securities and Exchanges Commission show McMahon, 78, sold just under 3.5 million shares of stock and received “approximately $100 million” for the sale.
This is the third time McMahon has sold off a portion of his stock in TKO Group Holdings, the merged company between WWE and UFC.
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