"Vince McMahon Sells $412M in TKO Stock Amid Sex Trafficking Lawsuit"
TL;DR
TKO President Mark Shapiro affirmed that Vince McMahon is not returning to the company after selling $412 million in TKO stock, reducing his holdings to 15 million shares. McMahon abruptly left the board amid a sexual abuse lawsuit and has been distancing himself from the company. Despite his significant role in transforming WWE into a global media enterprise, McMahon has faced allegations of sexual harassment and misconduct, including a recent lawsuit from a former employee, which he intends to fight.
- Vince McMahon “Is Not Coming Back To The Company”, TKO And Endeavor Exec Mark Shapiro Affirms After Former WWE Boss Sells Another $412M In Stock Deadline
- Vince McMahon Sells $412 Million Worth of Stock in WWE Parent Company TKO Variety
- Vince McMahon sells TKO shares, nets $400 million Deadspin
- Vince McMahon sex trafficking lawsuit: Latest details and developments USA TODAY
- Vince McMahon cashes in stock for $400M windfall after leaving WWE parent over sex-trafficking allegations New York Post
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