Vince McMahon's Control Over WWE to Decrease After UFC Merger

1 min read
Source: TJR Wrestling
Vince McMahon's Control Over WWE to Decrease After UFC Merger
Photo: TJR Wrestling
TL;DR Summary

Following WWE's takeover by Endeavor, Vince McMahon will no longer have majority voting power over his company as Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company. McMahon will retain his position as Executive Chairman of the new company's Board of Directors while current WWE CEO Nick Khan will become President of the brand in the same role Dana White will continue to have with UFC.

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