Vince McMahon has sold a big tranche of his stock in TKO Group to Endeavor Group Holdings, the majority shareholder of the parent company of WWE and UFC.
On June 3, 2025, Endeavor Group Holdings — now a privately held company known as WME Group — entered into an agreement to purchase 1.579 million shares of TKO’s Class A common stock from McMahon in a private transaction at a per-share price of $158.32 for aggregate consideration of approximately $250 million, according to an SEC filing Wednesday. The transaction closed on June 4, according to the filing. McMahon is the former CEO of WWE who sold the wrestling entertainment company to Endeavor in 2023 to form TKO.
Endeavor Group now owns 61.7% of TKO’s outstanding stock, per an ownership disclosure filed with the SEC Wednesday. Endeavor/WME Group was taken private earlier this year in a $25 billion deal with private-equity firm Silver Lake.
As of April 15, 2025, McMahon owned about 8 million TKO shares, representing a 9.8% economic stake in the company and voting power of 4.1%, according to TKO’s most recent 10-K.
With the latest stock sale, McMahon has now sold more than $2 billion worth of TKO shares to date. That included his stock sales to TKO and Endeavor worth $311.2 million in April 2024.
McMahon had joined the board of TKO Group but resigned as a director in January 2024 in the wake of sexual assault and sex trafficking allegations against him by a former WWE employee as detailed in a civil lawsuit. McMahon has strongly denied the allegations.
From Variety US
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