– WWE executive producer Kevin Dunn cashed out over a million dollars worth of WWE stock on August 12th. WWE’s SEC filing noted that Dunn had sold 56,000 shares of stock, and there were several transactions between the range of $20.46 and $20.78 per share. Now, Dunn owns 387,173 shares of WWE stock.
WWE financial executive George Barrios has 530,647 shares and marketing executive Michelle Wilson has 371,159 shares.
– FloSports announced in a press release on Monday that they have acquired $21.2 million of funding to help “boost the number of niche sports it broadcasts online.” WWE is one of the investors along with DCM Ventures, Bertelsmann Digital Media in New York City, Discovery Communications, and Causeway Media Partners. It should be noted that the amount of money WWE invested in the company was not disclosed.
FloSports covers a multitude of different sports including MMA, amateur wrestling, boxing, volleyball, and more through individual websites.
