WWE failed to wrestle back control and delivered a warning in dual class shares

Published by
City AM

By Elena Siniscalco Professional wrestling can teach us a lesson or two about business. McMahon’s return as WWE’s executive chairman shows the inevitable pitfalls of dual class shares, writes Will Cooling Professional wrestling might not be what you were expecting in a business paper. But nonetheless, here it is. Two weeks ago, the industry was rocked by the sudden return of Vince McMahon to power in World Wrestling Entertainment. The man who turned his father’s regional touring promotion into a multinational media powerhouse had been persuaded to “retire” last summer after a series of allegat…

Read More