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Vince McMahon takes action to return to World Wrestling Entertainment (WWE), pursue possible sale

January 5, 2023 4:39 PM EST

World Wrestling Entertainment (NYSE: WWE) majority owner and former Chief Executive Vince McMahon is planning to return to the business to "position the company to capitalize on a unique opportunity to maximize long-term value for all WWE shareholders," it was confirmed late Thursday.

The move would be less than a year after McMahon retired following a sexual-harassment scandal.

McMahon has elected himself and two former... More