Vince McMahon, the 77-year-old executive chairman of WWE, is facing a federal grand jury subpoena and search warrant as part of an ongoing investigation. In a statement provided by WWE, McMahon has consistently denied any intentional wrongdoing and is confident that the investigation will conclude without findings of misconduct. The Impact on the UFC MergerWhile WWE navigates this investigation, the company is simultaneously working towards a highly-anticipated merger with UFC’s parent company, Endeavor Group Holdings. – WWE head Vince McMahon is facing a federal grand jury subpoena and search warrant as part of an ongoing investigation into allegations of sexual misconduct. – The investigation comes at a critical time as WWE seeks to complete its merger with UFC.

Source: Washington Post August 03, 2023 02:58 UTC