BY: Ryan
The Wall Street journal reported today that Vince McMahon is plotting a return to power in WWE in advance of pursuing a sale of the entire company Vince McMahon remains the primary stockholders.
Mr. Mchahon who was has majority voting power his ownership of WWE class b stock has told the company that he is electing himself and two former co-president and director, Michelle Wilson and George barrios to the board the people said. The move to reinstate Mr McMahon which the board previously rebuffed and the others will require three current director to vacate their position. Detailing his desire to return to the company he ran for four decades to help spearhead a strategic review process the people said Mr McMahon believes there is a flagship program Raw and Smackdown are about to be renegotiated according to the people.
Vince McMahon has reportedly told the board of directors that unless he has direct involvement as executive chairman from the outset of a strategic review Vince McMahon would not support or approve any Media right deal or sale.
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