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Post by Michael Coello on Jan 22, 2007 12:38:08 GMT -5
someone came and bought a majority of the WWE stocks?
I remember, in Dodgeball, after Average Joe's was sold to Globo Gym, Peter ended up using his winning from betting on the Dodgeball competition to buy the shares of Globo Gym and fire White Goodman. Yeah, I know it's a bad idea to base a theory on a movie, but I did hear about things like this before. So, is it possible or not?
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Post by Just "Dan" is Fine, Thank You on Jan 22, 2007 12:40:27 GMT -5
Companies who publically trade stocks do so to make money, and that's it. They sell 10-40% of the total shares, and the "majority" are kept private.
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Post by Mongo & Pepe: Back in Black on Jan 22, 2007 12:43:46 GMT -5
The McMahons own over 90% (I'm pretty sure that's right) of the stock. So, no one would be able to buy them out, unless they wanted to sell.
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Post by Red 'n' Black Reggie on Jan 22, 2007 12:48:10 GMT -5
what they dont tell you is that funaki owns the remaining 10%
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Legion
Fry's dog Seymour
Amy Pond's #1 fan
Hail Hydra!
Posts: 23,370
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Post by Legion on Jan 22, 2007 12:51:16 GMT -5
what they dont tell you is that funaki owns the remaining 10% In a partnership with Scotty and Howard Finkle
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Post by Just "Dan" is Fine, Thank You on Jan 22, 2007 12:53:54 GMT -5
The McMahons own over 90% (I'm pretty sure that's right) of the stock. So, no one would be able to buy them out, unless they wanted to sell. If only Austin hadn't been screwed in the ladder match...
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Chainsaw
T
A very BAD man.
It is what it is
Posts: 90,480
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Post by Chainsaw on Jan 22, 2007 13:19:06 GMT -5
Companies who publically trade stocks do so to make money, and that's it. They sell 10-40% of the total shares, and the "majority" are kept private. Which further proves my new theory...White Goodman was a terrible businessman.
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Brain Of F'n J
Hank Scorpio
Not that cool enough to have one of these....wait.
We Discodians must stick apart.
Posts: 6,890
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Post by Brain Of F'n J on Jan 22, 2007 13:22:07 GMT -5
The stock released by the WWE, as far as I know, is Class-B, or non-voting stock. Meaning, you could amass enough of a pile to sit on top of and touch the moon, and it wouldn't mean jack sprat, because the Class-A stock--the voting stock, the real ownership stock--is held by four people, all named McMahon.
Jed Shaffer ~Not so proud owner of Class-B WWE stock.
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nisi
Vegeta
Da Bears
Posts: 9,868
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Post by nisi on Jan 22, 2007 13:41:47 GMT -5
The stock released by the WWE, as far as I know, is Class-B, or non-voting stock. Meaning, you could amass enough of a pile to sit on top of and touch the moon, and it wouldn't mean jack sprat, because the Class-A stock--the voting stock, the real ownership stock--is held by four people, all named McMahon. Jed Shaffer ~Not so proud owner of Class-B WWE stock. Martha Sewart's empire is controlled by Herself on the same basis.
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Brain Of F'n J
Hank Scorpio
Not that cool enough to have one of these....wait.
We Discodians must stick apart.
Posts: 6,890
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Post by Brain Of F'n J on Jan 22, 2007 13:45:16 GMT -5
It's how most companies, who don't want to face the possibility of a hostile takeover, circumvent it. Common practice, really.
Jed Shaffer ~Now if only my stock would TURN A PROFIT ...
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Post by Lenny: Smooth like Keith Stone on Jan 22, 2007 13:48:51 GMT -5
It's how most companies, who don't want to face the possibility of a hostile takeover, circumvent it. Common practice, really. Jed Shaffer ~Now if only my stock would TURN A PROFIT ... Well maybe if all of us starting buying more John Cena t-shirts and foam fingers, we could help you turn that profit! ;D
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Post by nerdinitupagain on Jan 22, 2007 14:11:14 GMT -5
The only way the E will ever see another owner is if Vince sells WWE, Inc. to someone else.
or
WWE, Inc. goes bankrupt and someone buys up the company from underneath. (hopefully that person is Paul Heyman)
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JBLisGOD
AC Slater
JBL IS a wrestling GOD!
Posts: 147
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Post by JBLisGOD on Jan 22, 2007 14:44:17 GMT -5
Anyone that can use a Dodgeball reference in regards to wrestling is GOD in my eyes!
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cronker
AC Slater
I asked him what came at the end of a sentence, and he said "parole"
Posts: 171
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Post by cronker on Jan 22, 2007 18:07:43 GMT -5
The stock released by the WWE, as far as I know, is Class-B, or non-voting stock. Meaning, you could amass enough of a pile to sit on top of and touch the moon, and it wouldn't mean jack sprat, because the Class-A stock--the voting stock, the real ownership stock--is held by four people, all named McMahon. Jed Shaffer ~Not so proud owner of Class-B WWE stock. You are correct sir! The McMahon's own 90% of all the voting stock.
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Post by texaswhopper on Jan 22, 2007 18:10:21 GMT -5
JOANIE LOVES CHACHI!
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nostradumbass
Tommy Wiseau
The only man to be booked in TNA and not look like a jackass
Posts: 89
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Post by nostradumbass on Jan 22, 2007 18:30:15 GMT -5
The only way Vince could lose WWE is if he injects it.... WITH POIIIIIIISON!
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