McMahon is expected to sell 25 percent of his shares.
For the first time in company history, a McMahon does not have majority ownership of World Wrestling Entertainment. WWE 's sale to Endeavor was finalized this past September, as the sports-entertainment giant officially merged with Ultimate Fighting Championship to form TKO . While the two combat sports titans exist under the same umbrella, it has been emphasized that there will be no crossover between them.
Vince McMahon Selling $700 Million in WWE SharesWWE ownership moves even further under the Endeavor umbrella.
WWE Endeavor Sale Merger Ultimate Fighting Championship TKO Combat Sports Crossover
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