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WWE News: CM Punk Merchandise Nearly Sold Out, Morgan Stanley Purchases Passive Stake in WWE

November 1, 2014 | Posted by Jeffrey Harris

– Almost all CM Punk-themed merchandise at WWE.com is nearly sold out after the website began selling Punk items again. The only item reportedly left is the Crimson X pendant.

– Financial services company Morgan Stanley has reportedly purchased a 5.1% passive stake in WWE. A passive stake means the shareholder does not take an active role in running the company.

Credit: Wrestlezone.com

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WWE, Jeffrey Harris