Vince McMahon Announces WWE Return, Plans to Sell Company

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Vince McMahon announced plans today to use his shareholder power to elect himself back to the WWE board and initiate a potential sale. WWE VinceMcMahon

\nVince McMahon is looking to use his majority voting power as a stockholder to elect himself back to the board of WWE and consider selling the company, according to a press release from Vince McMahon himself. The Wall Street Journal previously reported on McMahon's plans to make a comeback at the company after believing he received 'bad advice' when he was convinced to retire amidst a scandal over hush money payments for sexual misconduct accusations.

\n'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 the press release.

 

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