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Vince McMahon has been the CEO of World Wrestling Entertainment, Inc. (NYSE:WWE) since 2009, and this article will...
Since 2011, the company has branded itself solely with the initials WWE, though the legal name did not change at the time. [21] WWE's majority owner was its executive chairman, third-generation wrestling promoter Vince McMahon, who retained a 38.6% ownership of the company's outstanding stock and 81.1% of the voting power before the merger.
On April 3, 2023; WWE and Endeavor reached a deal under which WWE would merge with UFC's parent company Endeavor to form a new company, which would go public on the New York Stock Exchange (NYSE) under the symbol "TKO". Endeavor will hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, [103] valuing WWE at $9.1 billion.
In the latest trading session, World Wrestling Entertainment (WWE) closed at $68.20, marking a +1.56% move from the previous day.
WWE describes Layfield as a "self-made" millionaire. [128] In 2003, Layfield published a book on financial management titled Have More Money Now. [129] He and his wife, then Oppenheimer Holdings' financial analyst Meredith Whitney, were featured in the August 2008 issue of Fortune magazine. [128] Layfield is the founder of Layfield Energy.
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related to: how much is wwe worth in money market investments