New York Based Company Buys 4% Of WWE, Biggest Non-McMahon Ownership
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.
(Partial Credit: Wrestling Observer Newsletter)