Posted by David Damage on Monday, October 10, 2011
Under: News
While
it's been reported that Linda McMahon is attempting to distance herself
from WWE, the Journal Inquirer in Connecticut says she still has a huge
financial stake in the company.
The article says: "While
McMahon quit that post (WWE CEO) and resigned from WWE's board of
directors in 2009, she perhaps would be better described now as the
co-owner of the publicly traded company. That's because her husband
(Vince McMahon) controls 88 percent of the voting power of its common
stock and she personally holds one of the biggest blocks of its
preferred shares, according to corporate records."
In : News