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 Why Has Stephanie McMahon Been Selling Stock? How Much Voting Power Does the McMahon Family Have?

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Why Has Stephanie McMahon Been Selling Stock? How Much Voting Power Does the McMahon Family Have? Empty
PostSubject: Why Has Stephanie McMahon Been Selling Stock? How Much Voting Power Does the McMahon Family Have?   Why Has Stephanie McMahon Been Selling Stock? How Much Voting Power Does the McMahon Family Have? EmptyFri Oct 11, 2013 9:52 am

There's a new article up on the New York Post that details Stephanie McMahon's recent stock sales, roughly 833,000 shares that has netted the "Billion Dollar Princess" over $8 million. The report claims that Stephanie sold those shares over 43 separate transactions that ranged from $9.05 to $10.89 per share. She now holds about 7 percent of the voting power in WWE. While some have speculated that the WWE is expecting a loss in profit, and that Stephanie was simply trying to get out early, New York Post is reporting that she has sold the stock "for financial purposes that include building a house."

The article also says that WWE CEO Vince McMahon still holds 87 percent of the company's voting stock.
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