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Heyman was part owner. Todd was majority owner. Heyman was given a part of the ownership. Heyman relinquished his control when joining the WWE. Thats the official story as I read it. Tod held out for ages not wanting to hand over in the hope of coming back. He was only on a limited liability. They took the assets to cover Gordons and Heymans injected capital. They still had control of the names and rights. All re-sellable assets were taken
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