Vince McMahon Hints At Possible WWE Exit Per SEC Filing Tied To WWE's Recent Merger With The UFC

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Norfolk, 21 September - Jacob Frenkel, who leads Dickinson Wright's Government Investigations & Securities Enforcement Practice Group and previously served as senior counsel in the SEC's Division of Enforcement, initially suggested that McMahon could be removed from his WWE role if he faces legal troubles, as reported by the LA Times.

Now, a recent SEC filing suggests McMahon might depart from WWE following the company's merger with the UFC through the Endeavor acquisition.



This year has seen significant developments, from the hush money scandal to federal government investigations. In response to the turmoil, WWE agreed to be acquired by Endeavor and merged with UFC, forming the TKO Group Holdings company.

The merger took place despite ongoing federal government inquiries into McMahon related to the hush money scandal last summer, which were initially not publicly disclosed. However, on July 17, federal authorities executed a search warrant after the allegations became public, but no legal actions have been taken against him.

A recent report from AXIOS discusses the registration filings made by TKO, noting that these filings allow McMahon to bypass the lockup period that applies to other TKO stockholders like Endeavor and Silver Lake. McMahon currently holds approximately 28.84 million TKO shares, which were valued at a total of $3 billion in yesterday's market closing.

Fans can check out the full Report, RIGHT HERE!

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