WWE held a employee meeting today following the news breaking of Vince McMahon's return to the company as the Executive Chairman of the board. We'll update here as we get more info.
- The meeting was pushed back slightly from 3:30 PM EST, and got underway before 4 PM EST.
- Talent was not involved.
- It was stressed that day-to-day is not changing across the board.
- They spoke about Vince McMahon being the controlling shareholder and the possibility of a a sale, as well as the media rights deal.
- Stephanie McMahon, Nick Khan and Frank Riddick led the meeting.
- It was noted that the sale could be a huge positive, and that they would be looking at potential sale offers before negotiating the rights fees. Vince McMahon will get final say. They said a sale might not happen, and the company could be taken private if there's a sale. It was portrayed that this move was made to look at the market for to maximize rights fee deals and potential sale price.
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