Hedge Fund Purchases Large Stake In WWE, Controversial MMA Star At RAW, WWE Artist
Photo: AllCityImages.com- New York-based hedge fund Eminence Capital disclosed in a filing today that it had purchased a 9.6% stake in World Wrestling Entertainment. BuzzFeed.com noted that Eminence, which merged Men's Wearhouse and Jos. A. Bank earlier this year, has yet to comment on the filing. Just last week, Insider Monkey reported that Balyasny Asset Management increased their stake in WWE from 1.34 million shares to 1.68 million shares, representing 5.26% of the company's outstanding shares.
- WrestlingINC.com reader @ProFightsInfo noted that controversial MMA star Chael Sonnen was in the crowd at tonight's RAW in Portland, OR.
- WWE artist Rob Schamberger was a guest on Comics on Comics, which you can check out here.