Thursday, April 25, 2024
NewsBackstage Update On A New York Based Company Purchasing 4% Of WWE

Backstage Update On A New York Based Company Purchasing 4% Of WWE

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Eminence Capital, a hedge fund, has bought 9.6 percent of WWE’s available
stock, which is essentially stock not owned by the McMahon family, so it’s
closer to four percent of the company itself, making them the biggest
non-McMahon shareholder.

The New York-based company is best known for a successful campaign as
stockholders that merged Men’s Warehouse and Jos. A Bank, which earned them a
handsome profit.

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