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Last updated: Monday, August 25, 2008
McMahon spokesman Howard Bragman says the buyer isn't mogul Donald Trump, who had recently offered to buy McMahon's home and act as a landlord.
Bragman says McMahon will move out of the home, which is in the same exclusive neighborhood as Britney Spears, after the sale is complete.
McMahon was facing the prospect of the house being foreclosed on because he had defaulted on a $4.8 million loan.
Source: AP
McMahon spokesman Howard Bragman says the buyer isn't mogul Donald Trump, who had recently offered to buy McMahon's home and act as a landlord.
Bragman says McMahon will move out of the home, which is in the same exclusive neighborhood as Britney Spears, after the sale is complete.
McMahon was facing the prospect of the house being foreclosed on because he had defaulted on a $4.8 million loan.
Source: AP
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