WWE-UFC Merger challenged in McMahon, Triple H suit (1) 

Pension Fund Lawsuit: Pension fund sues Vince McMahon and WWE leaders over the $21.4 billion merger with UFC, alleging an unfair deal orchestrated by McMahon's influence. 

Domineering McMahon: Lawsuit claims McMahon, using his strong influence, favored a merger with Endeavor's UFC to maintain control of WWE, rejecting higher offers. 

Sexual Harassment Allegations: McMahon returned to WWE amidst sexual harassment allegations, and the lawsuit alleges the merger was a tactic to secure power amid discontent and investigations. 

Friendship with Ari Emanuel: McMahon is accused of favoring Endeavor CEO Ari Emanuel, a longtime friend, in the deal to keep himself in charge of WWE. 

Sham Sales Process: The board, stacked with loyalists, allegedly created a deceptive sales process to benefit Endeavor and exclude other potential bidders. 

Class Action Lawsuit: Filed by former WWE investors, including the Laborers’ District Council and Contractors’ Pension Fund of Ohio, targeting McMahon, board members, and key figures. 

Transaction Details: The merger, closing in September, allegedly finalized details at Wrestlemania 39 in April, giving former WWE investors a 49% stake in TKO Group Holdings Inc. 

Pension Fund Lawsuit: Pension fund sues Vince McMahon and WWE leaders over the $21.4 billion merger with UFC, alleging an unfair deal orchestrated by McMahon's influence. 

10 Delicious Ways to Cook with Apple Cider

ALSO WATCH