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Moreover and clearly, the DOJ’s entry into the case frames every little thing in a lot starker, harsher mild whereas additionally laying McMahon’s monetary dealings naked.
A type of dealings was his huge sale of inventory in TKO, which was a part of the humongous merger between WWE and UFK once they united to type the TKO banner—a $21.4 billion deal in September 2023.
In the end, the extra the Division of Justice digs into MacMahon and WWE as a part of their investigation, the extra the wrestling group—and the world—will mirror on the darkish and extreme allegations. Together with how the previous CEO’s fall from an exec of a serious sports activities model to a central determine in a felony investigation capabilities as a stark reminder that, amidst grave allegations and authorized challenges, fortunes can change shortly.
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