TKO and Endeavor continue to distance themselves from Vince McMahon following the allegations he is facing following a lawsuit alleging McMahon was involved in sex trafficking.
In a new SEC filing, it was revealed Endeavor is buying 1,642,970 shares for $142.6 million, and TKO is buying an additional 1,853,724 for about $150 million. The grand total is for about $293 million. It appears that McMahon will have 8,021,405 remaining TKO shares left after this agreement, leaving him with around 4.7% of TKO stock.