BuzzFeed.com is reporting that the New York City based hedge fund Eminence Capital has purchased a 9.6% stake in WWE. Earlier this year, Eminence merged Men’s Warehouse and Jos. A. Bank.
In related news, last week Insider Monkey reported Balyasny Asset Management increased its stake in WWE from 1.34 million shares to 1.68 million shares, giving them ownership of 5.26% of WWE’s outstanding shares.