WWE Stunner: Vince McMahon Says He Plans to Re-Join Board of Directors as Company Pursues Possible Sale

  • 📰 THR
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

McMahon, who retired last year amid a misconduct probe, has named himself and two former executives to the WWE board.

“WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms,” said McMahon in a statement Thursday night.

The board coup d’état comes as the WWE is said to already be pursuing strategic options, including the possibility of a sale. McMahon wants to lead any talks about a possible sale or rights negotiations himself, he said in his statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

marqed4death 👀

TripleH 👀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vince McMahon plotting return to WWE with intent to sell companyVince McMahon’s retirement was short-lived. And challenge Trump to a dictator leaves town match. No wonder their stock shot up after hours today
Source: nypost - 🏆 91. / 67 Read more »

Vince McMahon Announces WWE Return, Plans to Sell CompanyVince McMahon announced plans today to use his shareholder power to elect himself back to the WWE board and initiate a potential sale. WWE VinceMcMahon
Source: bleedingcool - 🏆 20. / 69 Read more »

Vince McMahon Plans to Return to WWE in Attempt to Sell CompanyVince McMahon is looking to make a return to WWE in order to pursue a sale of the company, WWE announced on Thursday. great photo choice
Source: comingsoonnet - 🏆 578. / 51 Read more »