WWE founder, former CEO to collect $111 million payday

Published by
The Street

By James Ochoa Vince McMahon might have his wrestlers fight for money in the bank, but he will have plenty more coming to him. According to a report by Sportico, the World Wrestling Entertainment founder will collect about $111 million in approximately two weeks from a dividend established on September 13 by TKO Group Holdings (TKO) – Get Free Report, the newly minted publicly traded company that houses both the Ultimate Fighting Championship (UFC) and the WWE. Related: NFL makes pivotal move to expand its international popularity The company declared a one-time dividend of $3.86 per share pay…

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