gdata.io.handleScriptLoaded({"version":"1.0","encoding":"UTF-8","feed":{"xmlns":"http://www.w3.org/2005/Atom","xmlns$openSearch":"http://a9.com/-/spec/opensearchrss/1.0/","xmlns$gd":"http://schemas.google.com/g/2005","xmlns$georss":"http://www.georss.org/georss","xmlns$thr":"http://purl.org/syndication/thread/1.0","xmlns$blogger":"http://schemas.google.com/blogger/2008","id":{"$t":"tag:blogger.com,1999:blog-7964262"},"updated":{"$t":"2024-01-13T06:11:06.223-05:00"},"category":[{"term":"Brad Maddox"},{"term":"Homicide"},{"term":"Puroresu"},{"term":"WWE Performance Center"},{"term":"KYDA"},{"term":"Kevin Dunn"},{"term":"Bobby Roode"},{"term":"TNA Hall of Fame"},{"term":"Lou Thesz"},{"term":"Earl Caddock"},{"term":"ECW"},{"term":"Team 3D"},{"term":"Washington Redskins"},{"term":"Vickie Guerrero"},{"term":"Carlito"},{"term":"Vladimir Kozlov"},{"term":"Emma"},{"term":"Bill Goldberg"},{"term":"Greg Valentine"},{"term":"be a STAR"},{"term":"Necro Butcher"},{"term":"Sheamus"},{"term":"Eden"},{"term":"Simon Gotch"},{"term":"Brodus Clay"},{"term":"Xavier Woods"},{"term":"LA Knight"},{"term":"Natalya"},{"term":"Jeff Jarrett"},{"term":"Alpha Entertainment"},{"term":"Television Ratings"},{"term":"Fabulous Moolah"},{"term":"Mike Quackenbush"},{"term":"Bruiser Brody"},{"term":"Vaughn Levesque"},{"term":"JTG"},{"term":"Shane McMahon"},{"term":"205 Live"},{"term":"The Ascension"},{"term":"Divas"},{"term":"John Laurinaitis"},{"term":"Edge"},{"term":"Justin Credible"},{"term":"Michelle Wilson"},{"term":"Urban Wrestling Federation"},{"term":"Chris Hero"},{"term":"Cody Rhodes"},{"term":"Dana Brooke"},{"term":"Sara Del Rey"},{"term":"Stephanie McMahon"},{"term":"Davey Richards"},{"term":"Ezekiel Jackson"},{"term":"Sting"},{"term":"Portugal"},{"term":"Arnold Schwarzenegger"},{"term":"Ed Strangler Lewis"},{"term":"Adrian Neville"},{"term":"Erick Rowan"},{"term":"Tamina"},{"term":"Michael McGillicutty"},{"term":"KENTA"},{"term":"Canyon Ceman"},{"term":"Orlando Jordan"},{"term":"Jessika Carr"},{"term":"Eric Young"},{"term":"CM Punk"},{"term":"Charlotte"},{"term":"WCW"},{"term":"Kevin Nash"},{"term":"WWE United Kingdom Championship"},{"term":"Awesome Kong"},{"term":"The Authority"},{"term":"Matt Striker"},{"term":"WWE Legacy Hall of Fame"},{"term":"Politics"},{"term":"Michelle McCool"},{"term":"WWE Backstage"},{"term":"Briscoe Brothers"},{"term":"Sarah Logan"},{"term":"Jake The Snake Roberts"},{"term":"WWE NXT"},{"term":"Jason Jordan"},{"term":"Andy Leavine"},{"term":"Impact Wrestling"},{"term":"Christopher Nowinski"},{"term":"AJ Lee"},{"term":"Stevie Richards"},{"term":"James Storm"},{"term":"NWA"},{"term":"Kane"},{"term":"Honky Tonk Man"},{"term":"Evolution"},{"term":"Low-Ki"},{"term":"Muhammad Ali"},{"term":"JBL"},{"term":"Chavo Guerrero"},{"term":"Global Cruiserweight Series"},{"term":"Pedro Morales"},{"term":"Miss Elizabeth"},{"term":"Mark Jindrak"},{"term":"Nia Jax"},{"term":"Wrestling History"},{"term":"Dave Lagana"},{"term":"Christopher Daniels"},{"term":"Levesque Family News"},{"term":"Ernie Ladd"},{"term":"Arn Anderson"},{"term":"Robbie Brookside"},{"term":"Gail Kim"},{"term":"The Osirian Portal"},{"term":"Hulk Hogan"},{"term":"WWE YouTube"},{"term":"Paul London"},{"term":"Great Khali"},{"term":"Seth Rollins"},{"term":"Chuck Liddell"},{"term":"Zack Ryder"},{"term":"MMA"},{"term":"Road Dogg Jesse James"},{"term":"KLQ"},{"term":"Antonio Cesaro"},{"term":"WWE Superstars"},{"term":"Angelina Love"},{"term":"Camp WWE"},{"term":"Dutch Mantell"},{"term":"Sonya Deviille"},{"term":"Gaming"},{"term":"Umaga"},{"term":"Shane Helms"},{"term":"Frankie Kazarian"},{"term":"JJ Dillion"},{"term":"Al Snow"},{"term":"MD/DC/VA"},{"term":"Alberto Del Rio"},{"term":"Christian"},{"term":"Connors Cure"},{"term":"Raw"},{"term":"Doc Gallows"},{"term":"Maryse"},{"term":"Mojo Rawley"},{"term":"Shawn Michaels"},{"term":"NXT 2.0"},{"term":"Gerald Brisco"},{"term":"Rowdy Roddy Piper"},{"term":"Michael Tarver"},{"term":"Vince McMahon"},{"term":"Ruby Riot"},{"term":"Booker T"},{"term":"Superstar Billy Graham"},{"term":"Mandy Rose"},{"term":"Nick Khan"},{"term":"Finlay"},{"term":"Chris Harris"},{"term":"Lilian Garcia"},{"term":"Johnny Gargano"},{"term":"Tommy Dreamer"},{"term":"Vincent J. McMahon"},{"term":"Capitol Wrestling Corporation"},{"term":"Big Show"},{"term":"Rosa Mendes"},{"term":"Sin Cara"},{"term":"DX"},{"term":"Wrestling News"},{"term":"Rumor Mill"},{"term":"Naomi"},{"term":"Alex Shelley"},{"term":"Finn Balor"},{"term":"Cheerleader Melissa"},{"term":"Pat Patterson"},{"term":"Yokozuna"},{"term":"Ricky Steamboat"},{"term":"Aurora Levesque"},{"term":"Mark Henry"},{"term":"Cal Ripken Jr"},{"term":"Daniel Bryan"},{"term":"Michael Hayes"},{"term":"UFC"},{"term":"Devon Dudley"},{"term":"Michael Cole"},{"term":"Cauliflower Alley Club"},{"term":"Fandango"},{"term":"NEXUS"},{"term":"Endeavor"},{"term":"Floyd Mayweather"},{"term":"Stu Hart"},{"term":"Andre the Giant"},{"term":"Billy Corgan"},{"term":"Norman Smiley"},{"term":"WWE Hall of Fame"},{"term":"Ariel Winter"},{"term":"Gorgeous George"},{"term":"TKO Group Holdings"},{"term":"Lucha Dragons"},{"term":"CZW"},{"term":"ROH"},{"term":"Becky Lynch"},{"term":"VCW"},{"term":"Kalisto"},{"term":"Comics"},{"term":"Abyss"},{"term":"Hornswoggle"},{"term":"Lance Hoyt"},{"term":"Chyna"},{"term":"WWE Studios"},{"term":"Baron Corbin"},{"term":"Axl Rotten"},{"term":"Bill DeMott"},{"term":"Lucky Cannon"},{"term":"Southpaw Regional Wrestling"},{"term":"Pat Brink"},{"term":"Velveteen Dream"},{"term":"Byron Saxton"},{"term":"Abdullah the Butcher"},{"term":"Sable"},{"term":"WWE Tough Enough"},{"term":"Jey Uso"},{"term":"Dolph Ziggler"},{"term":"Diamond Dallas Page"},{"term":"Elijah Burke"},{"term":"TNA"},{"term":"Rusev"},{"term":"Sports"},{"term":"Bianca Belair"},{"term":"Drew McIntyre"},{"term":"Hideo Itami"},{"term":"Asuka"},{"term":"Kerry Von Erich"},{"term":"Lita"},{"term":"Lord Tensai"},{"term":"Daffney"},{"term":"Larry Zbyszko"},{"term":"Jerry Lawler"},{"term":"Conor OBrian"},{"term":"Charlie Haas"},{"term":"Wade Barrett"},{"term":"Curt Hawkins"},{"term":"Zeb Colter"},{"term":"News"},{"term":"WWE Queen of the Ring"},{"term":"Lisa Marie Varon"},{"term":"Cruiserweight Classic"},{"term":"Aksana"},{"term":"Jamie Noble"},{"term":"Stone Cold Steve Austin"},{"term":"TNA IMPACT"},{"term":"WWE Most Wanted Treasures"},{"term":"Strikeforce"},{"term":"WrestleMania"},{"term":"Ole Anderson"},{"term":"The Rock"},{"term":"Serena Deeb"},{"term":"Kaval"},{"term":"Kenneth Cameron"},{"term":"Colt Cabana"},{"term":"ESPN"},{"term":"Layla"},{"term":"Luke Gallows"},{"term":"Ember Moon"},{"term":"Bella Twins"},{"term":"Tony Khan"},{"term":"Jimmy Uso"},{"term":"Eli Cottonwood"},{"term":"Verne Gagne"},{"term":"Jay Lethal"},{"term":"Eddie Edwards"},{"term":"Alexa Bliss"},{"term":"Joe Stecher"},{"term":"Mid-South Wrestling"},{"term":"Samoa Joe"},{"term":"Joey Mercury"},{"term":"Adam Rose"},{"term":"The Four Horseman"},{"term":"Alicia Fox"},{"term":"Ultimate Warrior"},{"term":"Raven"},{"term":"Batista"},{"term":"GLOW"},{"term":"Matt Hardy"},{"term":"David Hart Smith"},{"term":"AJ Styles"},{"term":"SHIMMER"},{"term":"Eric Bischoff"},{"term":"The Boogeyman"},{"term":"Tommaso Ciampa"},{"term":"OVW"},{"term":"NWL"},{"term":"Ryback"},{"term":"Brutus Beefcake"},{"term":"Triple H"},{"term":"Mason Ryan"},{"term":"Celebrity"},{"term":"Dixie Carter"},{"term":"Curtis Axel"},{"term":"Suicide"},{"term":"Summer Rae"},{"term":"Mark McGwire"},{"term":"Ron Simmons"},{"term":"Randy Couture"},{"term":"Terry Taylor"},{"term":"Leakee"},{"term":"Manu"},{"term":"Legends House"},{"term":"Darren Young"},{"term":"Adam Pearce"},{"term":"NFL"},{"term":"Mia Yim"},{"term":"Kofi Kingston"},{"term":"Jesse Ventura"},{"term":"Dana White"},{"term":"Mickey Rourke"},{"term":"John Morrison"},{"term":"Junk Yard Dog"},{"term":"Justin Gabriel"},{"term":"WWE Slam City"},{"term":"WWE Breaking Ground"},{"term":"Ted DiBiase"},{"term":"Ric Flair"},{"term":"Indy Wrestling"},{"term":"Melina"},{"term":"Matt Bloom"},{"term":"CHIKARA"},{"term":"WWE Network"},{"term":"R-Truth"},{"term":"Colin Cassady"},{"term":"Percy Watson"},{"term":"Jacob Novak"},{"term":"Magnum T. A."},{"term":"Calvin Raines"},{"term":"Rob Gronkowski"},{"term":"Carmella"},{"term":"Epico"},{"term":"Gabe Sapolsky"},{"term":"Killer Kowalski"},{"term":"Jeff Hardy"},{"term":"Austin Aries"},{"term":"Karl Kox"},{"term":"Kurt Angle"},{"term":"Bruno Sammartino"},{"term":"Mildred Burke"},{"term":"Roller Derby"},{"term":"Goldust"},{"term":"Husky Harris"},{"term":"Sunny"},{"term":"Brett DiBiase"},{"term":"Ken Anderson"},{"term":"Dean Ambrose"},{"term":"Primo"},{"term":"Damian Priest"},{"term":"Frank Gotch"},{"term":"Chris Jericho"},{"term":"Motorhead"},{"term":"Joey Styles"},{"term":"Trent Barreta"},{"term":"Zelina Vega"},{"term":"Bodybuilding"},{"term":"WWE Hulu"},{"term":"Lucha Libre"},{"term":"Mae Young Classic"},{"term":"Eve"},{"term":"Bully Ray"},{"term":"Paige"},{"term":"Sami Zayn"},{"term":"Jack Swagger"},{"term":"Justin Roberts"},{"term":"Story Time"},{"term":"Superfly Jimmy Snuka"},{"term":"NWO"},{"term":"Bryan Danielson"},{"term":"Eva Marie"},{"term":"Baltimore Orioles"},{"term":"Jim Cornette"},{"term":"Sean Waltman"},{"term":"Oliver Grey"},{"term":"Mike Tyson"},{"term":"Lance Storm"},{"term":"Caylen Croft"},{"term":"Maven Huffman"},{"term":"Matt Morgan"},{"term":"Linda McMahon"},{"term":"Tyler Black"},{"term":"EWA"},{"term":"Derrick Bateman"},{"term":"Heath Slater"},{"term":"Yoshi Tatsu"},{"term":"WWE Evil"},{"term":"Rob Van Dam"},{"term":"Kimbo Slice"},{"term":"Tyson Kidd"},{"term":"WWE Womens Division"},{"term":"Cameron"},{"term":"Titus ONeill"},{"term":"Bob Backlund"},{"term":"The Miz"},{"term":"Shayna Baszler"},{"term":"Lex Luger"},{"term":"Leva Bates"},{"term":"Johnny Valiant"},{"term":"Madison Square Garden"},{"term":"Cryme Tyme"},{"term":"Kevin Owens"},{"term":"Generation Me"},{"term":"Pete Dunne"},{"term":"Sherri Martel"},{"term":"Sasha Banks"},{"term":"David Otunga"},{"term":"Paul Heyman"},{"term":"Trish Stratus"},{"term":"Damien Sandow"},{"term":"Rey Mysterio"},{"term":"Jimmy Hart"},{"term":"Chris Masters"},{"term":"Abraham Washington"},{"term":"DC Defenders"},{"term":"Randy Savage"},{"term":"Paul Orndorff"},{"term":"Tully Blanchard"},{"term":"WWE Peacock"},{"term":"Bayley"},{"term":"Aiden English"},{"term":"Chuck Palumbo"},{"term":"Big Daddy V"},{"term":"Dusty Rhodes"},{"term":"Concussion Syndrome"},{"term":"Billy Gunn"},{"term":"Claudio Castagnoli"},{"term":"Boxing"},{"term":"Road Warrior Animal"},{"term":"Randy Orton"},{"term":"WWE Tribute to the Troops"},{"term":"Sim Snuka"},{"term":"Steroids"},{"term":"Vince Russo"},{"term":"The Kliq"},{"term":"Brian Pillman"},{"term":"Starrcade"},{"term":"Bubba Ray Dudley"},{"term":"NXT UK"},{"term":"El Generico"},{"term":"Scott Steiner"},{"term":"Richie Steamboat"},{"term":"Hunico"},{"term":"Chris Benoit"},{"term":"Darren Drozdov"},{"term":"McMahon-Helmsley Era"},{"term":"Mickie James"},{"term":"Taz"},{"term":"Bray Wyatt"},{"term":"Curt Hennig"},{"term":"Tito Ortiz"},{"term":"SummerSlam"},{"term":"Baby Levesque 3"},{"term":"FCW"},{"term":"Chad Gable"},{"term":"Teddy Long"},{"term":"XFL"},{"term":"Bo Dallas"},{"term":"Shinsuke Nakamura"},{"term":"Davey Boy Smith"},{"term":"Total Divas"},{"term":"Chris Sabin"},{"term":"MVP"},{"term":"Global Force Wrestling"},{"term":"SmackDown"},{"term":"The Shield"},{"term":"Kizarny"},{"term":"Knockouts"},{"term":"Alex Riley"},{"term":"Johnny Curtis"},{"term":"Nigel McGuinness"},{"term":"Tyler Reks"},{"term":"WWE Main Event"},{"term":"George Barrios"},{"term":"Capitol Wrestling Center"},{"term":"Shelton Benjamin"},{"term":"George Hackenschmidt"},{"term":"All Elite Wrestling"},{"term":"Dos Caras"},{"term":"Dragon Gate"},{"term":"Jeremy Buck"},{"term":"Barry Windham"},{"term":"Jon Moxley"},{"term":"MCW"},{"term":"Renee Young"},{"term":"Ronda Rousey"},{"term":"Mil Mascaras"},{"term":"Total Bellas"},{"term":"Jimmy Wang Yang"},{"term":"Kevin Steen"},{"term":"Bret Hart"},{"term":"Mark Cuban"},{"term":"The Undertaker"},{"term":"Eddie Guerrero"},{"term":"WWE"},{"term":"Matt Riddle"},{"term":"Big E Langston"},{"term":"Tony Atlas"},{"term":"Apollo Crews"},{"term":"Kassius Ohno"},{"term":"Enzo Amore"},{"term":"Prince Devitt"},{"term":"John Cena"},{"term":"Murphy Levesque"},{"term":"Antonio Inoki"},{"term":"Jo Jo"},{"term":"WWE Saturday Morning Slam"},{"term":"Jushin Thunder Liger"},{"term":"Lana"},{"term":"Sanity"},{"term":"Adam Cole"},{"term":"Rikishi"},{"term":"Jim Ross"},{"term":"Dean Malenko"},{"term":"Santino Marella"},{"term":"Jonathan Coachman"},{"term":"Karl Anderson"},{"term":"Kharma"},{"term":"Wendi Richter"},{"term":"Madusa"},{"term":"Beth Phoenix"},{"term":"Luke Harper"},{"term":"William Regal"},{"term":"Snitsky"},{"term":"Evan Bourne"},{"term":"Wyatt Family"},{"term":"Terry Funk"},{"term":"Kaliqo"},{"term":"Mae Young"},{"term":"EVOLVE"},{"term":"Brock Lesnar"},{"term":"Rick Rude"},{"term":"Roman Reigns"},{"term":"Paul Bearer"},{"term":"Scott Hall"},{"term":"Harley Race"},{"term":"Kaitlyn"},{"term":"Corey Graves"},{"term":"Drugs"},{"term":"Full Sail University"},{"term":"Mick Foley"},{"term":"Andy Kaufman"},{"term":"CJ Parker"},{"term":"Luna Vachon"},{"term":"Skip Sheffield"},{"term":"Warrior Award"},{"term":"Kairi Sane"},{"term":"Ted DiBiase Jr"},{"term":"PWHF"},{"term":"Owen Hart"},{"term":"Aloisia"},{"term":"Les Thatcher"},{"term":"Jinder Mahal"},{"term":"Leo Kruger"},{"term":"Buddy Rogers"},{"term":"Roderick McMahon"},{"term":"Austin Creed"},{"term":"Tyler Breeze"},{"term":"Forrest Griffin"},{"term":"WWE After the Bell"},{"term":"WWE Crown Jewel"},{"term":"Isis the Amazon"},{"term":"Liv Morgan"},{"term":"Bobby Lashley"},{"term":"Bobo Brazil"},{"term":"Perry Saturn"}],"title":{"type":"text","$t":"KLQ.:News Wrestling and Triple H:. | Longest Running Triple H Fansite"},"subtitle":{"type":"html","$t":"Anything and Everything about the Cerebral Assassin - Triple H. News on Professional Wrestling and the Independent Circuit"},"link":[{"rel":"http://schemas.google.com/g/2005#feed","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/-/Michelle+Wilson?alt\u003djson-in-script\u0026max-results\u003d6"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/-/Michelle+Wilson?alt\u003djson-in-script\u0026max-results\u003d6"},{"rel":"alternate","type":"text/html","href":"http://www.klqwrestling.com/search/label/Michelle%20Wilson"},{"rel":"hub","href":"http://pubsubhubbub.appspot.com/"},{"rel":"next","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/-/Michelle+Wilson/-/Michelle+Wilson?alt\u003djson-in-script\u0026start-index\u003d7\u0026max-results\u003d6"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"generator":{"version":"7.00","uri":"https://www.blogger.com","$t":"Blogger"},"openSearch$totalResults":{"$t":"51"},"openSearch$startIndex":{"$t":"1"},"openSearch$itemsPerPage":{"$t":"6"},"entry":[{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-5221972267142987951"},"published":{"$t":"2023-11-27T22:45:00.002-05:00"},"updated":{"$t":"2023-11-27T22:47:20.367-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"WWE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Khan"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Wrestling News"},{"scheme":"http://www.blogger.com/atom/ns#","term":"TKO Group Holdings"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michelle Wilson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"UFC"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Vince McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"George Barrios"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Triple H"}],"title":{"type":"text","$t":"WWE-UFC Merger Challenged In Lawsuit Alleging “Sham Sales Process” for Megadeal"},"content":{"type":"html","$t":"\u003cdiv\u003eInvestors claim that WWE board members favored a merger with Endeavor's UFC to allow Vince McMahon to stay on as executive chairman of TKO Group.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eVince McMahon’s corporate coup that paved a path for him to force his way back onto the WWE board and merge the sports entertainment powerhouse with Endeavor’s UFC is back in the spotlight, with a lawsuit arguing that he ignored more lucrative offers at the expense of investors.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eA suit, unsealed in the Delaware Court of Chancery on Nov. 22, alleges that McMahon pushed a “quick sale” of WWE to Endeavor chief Ari Emanuel, his “close friend and longtime ally” who proposed a sweetheart deal that allowed the wrestling mogul to stay on as executive chairman of TKO Group and avoid scrutiny in connection with sexual misconduct allegations that could’ve ousted him from the company. According to the complaint filed by investors, WWE board members “conjured up a sham sales process” designed to favor Endeavor and “exclude other bidders seeking to axe” McMahon, disregarding at least two all cash offers with betters terms.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eThe complaint extensively details McMahon’s turbulent tenure as head of WWE, culminating in September with the formation of TKO Group through a $21 billion merger between UFC and WWE. He had returned to the company in January after having stepped down as chief executive amid a sexual misconduct investigation into $17.4 million in hush money payments to four different women formerly employed by the company. McMahon, as WWE’s controlling stockholder, removed and replaced three then-serving board members with himself and former executives George Barrios and Michelle Wilson.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003e“If McMahon was found to have breached his duty of loyalty, WWE stockholders could have sought his removal as a director,” states the suit. “Such scrutiny appears to have prompted McMahon to seek a ‘quick’ sale of the Company that also allowed him to continue running WWE.”\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eWWE announced on the same day as McMahon’s return in January a review of strategic options. In a statement, he said that he wanted to lead any talks about a possible sale or rights negotiations himself. Investors claim that he immediately turned to Emanuel, his former agent whom he “knew would allow him to remain at the helm” of the merged entity. They say that both the process and price point were unfair, alleging there were betters deals on the table.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eAccording to the complaint, this included undisclosed companies submitting cash offers at $95-$100 and $90-$97.50 per share. But because they contemplated cashing out WWE stockholders and barred McMahon from rolling over his shares, which would’ve signaled his “complete ouster” from the wrestling world, the board “never bothered to make” counterproposals, the suit states.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eInstead, WWE exclusively negotiated with Endeavor, proposing an all-stock deal that was contingent upon McMahon serving as executive chairman of the combined company, the complaint says. Endeavor ultimately agreed, with it owning 51 percent of the post-deal firm and former WWE stockholders owning the remaining 49 percent. Investors allege that merger was consummated at $95.66 per share, which fell below two competing, all-cash offers. (Those WWE suitors were redacted in the complaint. But the companies were described as “major institutions with significant access to capital” that had “compelling reasons to close an acquisition of WWE.” One of them likely had “significant runway to increase its offer due to the outsized synergies it could generate in a combination with” the company, the suit says.)\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003e“Not only did he secure a future for himself at post-merger WWE, McMahon also stuffed his pockets and those of his loyalists before agreeing to a deal,” states the complaint, which points to he and former chief executive Nick Kahn securing so-called golden parachutes, along with Khan, McMahon’s son-in-law and WWE chief content officer Paul Levesque (known professionally as “Triple-H”) and WWE president Frank A. Riddick getting a combined $25 million in cash bonuses.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eThe suit argues that the $21 billion price tag undervalues WWE. It’s “far below the offers” the board could’ve obtained from multiple other bidders had it “made any effort to negotiate in good faith,” investors claim.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eAccording to the complaint, McMahon and his allies on the board “timed negotiations” to favor a deal with Endeavor, including by providing early due diligence and backchanneling information to the company so that it was able to make an early offer. During this process, WWE only secured a budget for UFC’s current fiscal year rather than insisting on a full set of multi year projections, as is customary, despite agreeing to merger consideration that depended on valuing UFC accurately, the suit says. By rushing to secure a merger with Endeavor without conducting adequate due diligence, investors argue the board got an unfavorable deal in agreeing to a 51-49 split.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eThe complaint, filed by an Ohio pension fund, names McMahon, Khan, Levesque, Barrios and Wilson, among others. It contains various claims for breach of contract and seeks to represent all stockholders who cashed out their shares in the merger.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003eWWE didn’t respond to a request for comment.\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003e\u003cbr /\u003e\u003c/div\u003e\u003cdiv\u003esource: Hollywood Reporter\u003c/div\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/11/wwe-ufc-merger-challenged-in-lawsuit.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/5221972267142987951"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/5221972267142987951"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/11/wwe-ufc-merger-challenged-in-lawsuit.html","title":"WWE-UFC Merger Challenged In Lawsuit Alleging “Sham Sales Process” for Megadeal"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-7527789745205848178"},"published":{"$t":"2023-02-10T14:24:00.001-05:00"},"updated":{"$t":"2023-02-10T14:44:11.549-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"WWE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Sports"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michelle Wilson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"George Barrios"}],"title":{"type":"text","$t":"WWE Board Members George Barrios And Michelle Wilson Announce New Venture"},"content":{"type":"html","$t":"\u003cp\u003eFollowing their departure from WWE in 2020, wrestling fans probably thought they had heard the last of George Barrios and Michelle Wilson. Now it seems they can't stop hearing about them. Barrios and Wilson made their sudden return to WWE's Board of Directors in January, following VInce McMahon's re-ascension to Chairman, and now they're making more moves, this time with NBA great Carmelo Anthony. In a press release on Friday, Barrios, Wilson, and Anthony launched Isos7 Sports Investment, a new venture looking to \"provide growth capital, targeting $50 million to $100 million per investment, to a diversified portfolio of sports leagues, teams, emerging properties, and ancillary businesses in North America, Europe, and pan-Asia.\" It was also noted that the venture is looking to have access to over $750 million in capital.\u003c/p\u003e\u003cp\u003e\"We believe sports assets will continue to benefit from global macro tailwinds and secular industry trends driving significant, predictable, and stable growth,\" Barrios and Wilson explained. \"We are thrilled to partner with Carmelo, a trailblazer for athletes in investing, business development, and philanthropy. We have a shared vision for how a new wave of diverse investors will identify global growth opportunities and impact the marketplace.\"\u003c/p\u003e\u003cp\u003eIn addition to Barrios, Wilson, and Anthony, the venture will also see Brian Flinn serve as a partner for Isos7, with Flinn overseeing investment and operation teams. Flinn is connected to both Anthony and Barrios/Wilson; he previously worked with Anthony's former team, the New York Knicks, served as the former SVP \u0026amp; Global Head of Marketing for the NBA, and was also Chief Marketing Officer at WWE. As of this writing, it's unclear what effect, if any, this new venture will have on Barrios or Wilson's duties as part of WWE's Board.\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/02/wwe-board-members-george-barrios-and.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/7527789745205848178"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/7527789745205848178"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/02/wwe-board-members-george-barrios-and.html","title":"WWE Board Members George Barrios And Michelle Wilson Announce New Venture"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-6253078594004968411"},"published":{"$t":"2023-01-10T19:16:00.001-05:00"},"updated":{"$t":"2023-02-10T14:44:11.547-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"WWE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michelle Wilson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Vince McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"George Barrios"}],"title":{"type":"text","$t":"WWE Shareholders Considering Lawsuit In Response To Vince McMahon’s Return"},"content":{"type":"html","$t":"\u003cp\u003eVince McMahon‘s return to WWE might lead to a lawsuit.\u003c/p\u003e\u003cp\u003eMcMahon officially returned to the WWE Board of Directors on January 6, just a few months after the former CEO retired amid a WWE board investigation into allegations of sexual misconduct and hush money. The day before, McMahon confirmed his intention to return and participate in negotiations for media rights deals, and WWE announced his return on Friday. McMahon’s comeback came with a shakeup to the WWE board. An SEC filing revealed that JoEllen Lyons Dillon, Jeffrey R. Speed, and Alan M. Wexler were removed, while Michelle Wilson and George Barrios returned to the board. WWE also announced that Ignace Lahoud and Man Jit Singh resigned from the board.\u003c/p\u003e\u003cp\u003eIn an update, Dave Scherer of PWInsider shared an email that was sent to a friend, who is a party in the WWE shareholder derivative lawsuit that Scott and Scott filed after the allegations against McMahon first became public in June 2022. In the email, the lawyers note that they believe there is “enough of a basis to bring a breach of fiduciary lawsuit”, and they hope to file a complaint against McMahon, and potentially other officers for breaching their duties to the company and the shareholders.\u003c/p\u003e\u003cp\u003eA friend of mine, who is a party in the WWE shareholder derivative suit that was filed last June by Scott and Scott after the NDA allegations against Vince McMahon surfaced, sent me the following update email that he received today from the lawyers (with names redacted to ensure privacy):\u003c/p\u003e\u003cp\u003eI hope you had a great holiday season. I’m writing with an update on WWE. We have been working with the company for several months and have received several internal documents, which we have been reviewing. We expect to get an additional batch of documents this week.\u003c/p\u003e\u003cp\u003eYou also may have seen the news this past week about Vince McMahon forcing his way back onto the board, along with a major board shakeup. As a result, we believe there is enough of a basis to bring a breach of a fiduciary lawsuit. We hope to file a complaint against McMahon and possibly other directors/officers for breaching their duties to WWE and its shareholders. We should have a draft for you to review in the next couple of days.\u003c/p\u003e\u003cp\u003eIt will also require a signature on a one-page verification which we will also send. In the meantime, do you have a phone number we could use in case we need to contact you that way? Please let me know if you have any questions about anything.\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/01/wwe-shareholders-considering-lawsuit-in.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/6253078594004968411"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/6253078594004968411"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/01/wwe-shareholders-considering-lawsuit-in.html","title":"WWE Shareholders Considering Lawsuit In Response To Vince McMahon’s Return"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-6893539509936549010"},"published":{"$t":"2023-01-06T13:45:00.007-05:00"},"updated":{"$t":"2023-02-10T14:44:11.549-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"WWE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Stephanie McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Khan"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Wrestling News"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michelle Wilson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Wrestling History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Vince McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"George Barrios"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Triple H"}],"title":{"type":"text","$t":"WWE is providing the following update regarding the composition of its Board of Directors and the exploration of strategic alternatives"},"content":{"type":"html","$t":"\u003cp\u003eToday, we announce that the founder of WWE, Vince McMahon, will be returning to the Board,” said Chairwoman \u0026amp; Co-CEO Stephanie McMahon, Co-CEO Nick Khan and Chief Content Officer Paul Levesque. “We also welcome back Michelle Wilson and George Barrios to our Board of Directors. Together, we look forward to exploring all strategic alternatives to maximize shareholder value.”\u003c/p\u003e\u003cp\u003eAs Vince McMahon stated yesterday, “WWE has an exceptional management team in place, and I do not intend for my return to have any impact on their roles, duties, or responsibilities.\"\u003c/p\u003e\u003cp\u003eIn connection with the change in the composition of the Board of Directors and in cooperation with Vince McMahon as majority shareholder, the Company intends to undertake a review of its strategic alternatives with the goal being to maximize value for all WWE shareholders. There is no assurance that this process will result in a transaction.\u003c/p\u003e\u003cp\u003eVince McMahon, in his capacity as controlling shareholder of the Company, has removed JoEllen Lyons Dillon, Jeffrey R. Speed and Alan M. Wexler from the Board. Vince McMahon, George Barrios and Michelle Wilson have been added to the Board to fill the resulting vacancies.\u003c/p\u003e\u003cp\u003eThe Board currently consists of:\u003c/p\u003e\u003cp\u003eVince McMahon\u003c/p\u003e\u003cp\u003eStephanie McMahon\u003c/p\u003e\u003cp\u003eNick Khan\u003c/p\u003e\u003cp\u003ePaul Levesque\u003c/p\u003e\u003cp\u003eSteve Koonin\u003c/p\u003e\u003cp\u003eMichelle McKenna\u003c/p\u003e\u003cp\u003eSteve Pamon\u003c/p\u003e\u003cp\u003eGeorge Barrios\u003c/p\u003e\u003cp\u003eMichelle Wilson\u003c/p\u003e\u003cp\u003eIgnace Lahoud and Man Jit Singh have resigned from the Board, effective today.\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/01/wwe-is-providing-following-update_6.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/6893539509936549010"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/6893539509936549010"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/01/wwe-is-providing-following-update_6.html","title":"WWE is providing the following update regarding the composition of its Board of Directors and the exploration of strategic alternatives"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-8818575197977549606"},"published":{"$t":"2023-01-05T17:28:00.002-05:00"},"updated":{"$t":"2023-02-10T14:44:11.550-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"WWE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Stephanie McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Khan"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Wrestling News"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michelle Wilson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Vince McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"George Barrios"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Triple H"}],"title":{"type":"text","$t":"Vince McMahon Trying To Get Back Into WWE For Media RIghts Negotiations"},"content":{"type":"html","$t":"\u003cdiv\u003e\u003cdiv\u003eAccording to Lauren Thomas of the Wall Street Journal, Vince McMahon is planning to return to WWE in order to pursue a sale of the business. McMahon has reportedly told the company that he is electing himself and former co-presidents and directors, Michelle Wilson and George Barrios, to the board.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eThis move will require three current directors to vacate their positions.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003ePrevious attempts for McMahon to be reinstated have been rebuffed by the board and he will need board approval if he assumes the role as executive chairman, which he reportedly expects to do.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eMcMahon still has majority voting power due to his ownership of WWE Class B stock.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eThe report goes on to state the board responded last month in a letter to Mr. McMahon that it was prepared to initiate a review process and would welcome working with him on it. It was reportedly unanimously agreed that Mr. McMahon’s return to the business wouldn’t be in shareholders’ best interest.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eMcMahon has reportedly communicated to the board that unless he has direct involvement as executive chairman from the outset of a strategic review, he won’t support or approve any media-rights deal or sale.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eWWE media rights for WWE Raw and WWE SmackDown are reportedly set to be negotiated in the near future as the contracts for both shows end in 2024.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eVince McMahon sent out the following press release:\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eGREENWICH, Conn., Jan. 5, 2023 /PRNewswire/ -- Vince McMahon, the founder and controlling shareholder of World Wrestling Entertainment Inc. (\"WWE\" or the \"Company\") (NYSE: WWE), announced today that he has taken necessary actions to position the Company to capitalize on a unique opportunity to maximize long-term value for all WWE shareholders. The actions, communicated to WWE's Board of Directors today via written consent, include the election to the Board of Mr. McMahon, as well as Michelle Wilson and George Barrios – former WWE Co-Presidents and Board members, and currently the Co-Founders and Co-CEOs of Isos Capital Management – and the requisite removal from the Board of three directors. Mr. McMahon expects to assume the role of Executive Chairman of the Board.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eMr. McMahon's new role will enable unified decision making through the Company's upcoming media rights negotiations and a parallel full review of the Company's strategic alternatives, which Mr. McMahon believes is the right course of action and in the best interests of WWE and WWE shareholders amidst the current dynamics in the media and entertainment industry. As Mr. McMahon has communicated to the Board, he believes there is a narrow window of opportunity to create significant value for all shareholders and that to do so, the strategic alternatives review must occur in tandem with the media rights negotiations. He also expressed to the Board that he believes these two initiatives require Mr. McMahon's direct participation, leadership, and support as controlling shareholder.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003e\"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 Mr. McMahon. \"The only way for WWE to fully capitalize on this opportunity is for me to return as Executive Chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder.\"\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003ePrior to delivering written consent, Mr. McMahon sent two separate letters to the Board in late December in which he expressed the urgency of his return to the Company as Executive Chairman and his desire to work collaboratively with the Board and management team. Following conversations with representatives of the Company both before and after Mr. McMahon's most recent letter on December 31, Mr. McMahon determined, consistent with his rights as controlling shareholder, that the steps announced today are necessary to maximize value for all WWE shareholders.\u003c/div\u003e\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eIn conjunction with the changes to WWE's Board, Mr. McMahon's written consent also includes certain amendments to the Company's bylaws to ensure that WWE's corporate governance continues to properly enable and support shareholder rights. These changes will be detailed in a Schedule 13D amendment to be filed by Mr. McMahon and a Form 8-K to be filed by the Company in the coming days.\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003ebylaws to ensure that WWE's corporate governance continues to properly enable and support shareholder rights. These changes will be detailed in a Schedule 13D amendment to be filed by Mr. McMahon and a Form 8-K to be filed by the Company in the coming days.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eNo assurances can be given regarding the outcome or timing of the review process. Mr. McMahon does not intend to comment further until the process has concluded or Mr. McMahon has otherwise determined that further disclosure is appropriate or required.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eMcMahon has stated that he remains willing to continue working to complete any reimbursement for reasonable expenses related to the investigation, to the extent they aren’t covered by insurance.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eMcMahon reportedly also declined the offer to not return to the company.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eSource: fightful.com\u003c/div\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/01/vince-mcmahon-trying-to-get-back-into.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/8818575197977549606"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/8818575197977549606"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/01/vince-mcmahon-trying-to-get-back-into.html","title":"Vince McMahon Trying To Get Back Into WWE For Media RIghts Negotiations"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-5677826733537732767"},"published":{"$t":"2021-01-11T13:41:00.001-05:00"},"updated":{"$t":"2023-02-10T14:44:11.547-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"WWE"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Sports"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michelle Wilson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"George Barrios"}],"title":{"type":"text","$t":"Former WWE Co-Presidents George Barrios And Michelle Wilson Launch New Company"},"content":{"type":"html","$t":"Former WWE Co-Presidents George Barrios and Michelle Wilson have announced their new company, Isos Capital Management.\n\n\nBarrios and Wilson, who were released from their WWE jobs on January 30 of last year, will identify \u0026 execute attractive investment opportunities in global media, sports and entertainment industries with the new venture.\n\n\"Global connectivity has unleashed unprecedented disruption in content creation, distribution and consumption. The COVID-19 pandemic has only accelerated these changes and requires a new strategic framework for success,\" Barrios said in a press release. \"Against this backdrop, Michelle and I see unique opportunities for growth and value creation across the media, entertainment and sports ecosystem.\"\n\n\nBarrios and Wilson both started with WWE in 2008, and worked their ways up to Co-President until their departures in January of last year. The Isos announcement noted how they worked together in WWE, building the company \"into one of the most successful multi-platform media businesses in the world across traditional, digital, social and direct-to-consumer media platforms. Working together for more than 11 years, Barrios and Wilson's expertise in strategic transformations and value creation led to record revenue, profit and market capitalization.\"\n\n\"There is no better time to invest in the industry and we believe Isos offers a distinct advantage in the marketplace. We are a firm built by operators for operators, and we bring proven strategies and innovative thinking to help media, entertainment and sports companies win in the long term,\" Wilson said in the press release. \"George and I have worked together for more than a decade and have demonstrated how to achieve game-changing results in an evolving landscape. We look forward to utilizing our experience, insights, network and capital to partner with management teams to accelerate growth and better meet consumer needs.\"\n\nBelow is the full press release issued today on Isos Capital Management, which is based in Westport, CT, about 20 minutes from WWE HQ in Stamford, CT:\n\n\nMedia and Entertainment Executives George Barrios and Michelle Wilson Announce the Formation of Isos Capital Management\nFirm Uniquely Positioned to Identify and Execute on Attractive Investment Opportunities in the Global Media, Entertainment and Sports Industries\n\nWESTPORT, Conn., Jan. 11, 2021 /PRNewswire/ -- Media and Entertainment executives George Barrios and Michelle Wilson today announced the formation of Isos Capital Management (\"Isos\" or the \"Firm\") to identify and execute on attractive investment opportunities leveraging their unique operating experience, insights and network.\n\nThe Isos Co-Founders plan to invest in businesses that fit their thesis of mega trends shaping the industry and provide value creation through brand growth, digital transformation and globalization. Isos will target early, growth and late stage media, entertainment and sports companies and will consider a variety of investment vehicles.\n\nMr. Barrios and Ms. Wilson bring deep industry experience having worked at leading global companies in the media and sports industries including the National Basketball Association, Time Warner, HBO, The New York Times and the United States Tennis Association. Most recently, they served as Co-Presidents of WWE, Inc. (\"WWE\") where they co-led the company's day-to-day operations and strategy, building WWE into one of the most successful multi-platform media businesses in the world across traditional, digital, social and direct-to-consumer media platforms. Working together for more than 11 years, Barrios and Wilson's expertise in strategic transformations and value creation led to record revenue, profit and market capitalization.\n\n\"Global connectivity has unleashed unprecedented disruption in content creation, distribution and consumption. The COVID-19 pandemic has only accelerated these changes and requires a new strategic framework for success,\" said Mr. Barrios. \"Against this backdrop, Michelle and I see unique opportunities for growth and value creation across the media, entertainment and sports ecosystem.\"\n\n\"There is no better time to invest in the industry and we believe Isos offers a distinct advantage in the marketplace. We are a firm built by operators for operators, and we bring proven strategies and innovative thinking to help media, entertainment and sports companies win in the long term,\" said Ms. Wilson. \"George and I have worked together for more than a decade and have demonstrated how to achieve game-changing results in an evolving landscape. We look forward to utilizing our experience, insights, network and capital to partner with management teams to accelerate growth and better meet consumer needs.\"\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2021/01/former-wwe-co-presidents-george-barrios.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/5677826733537732767"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/5677826733537732767"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2021/01/former-wwe-co-presidents-george-barrios.html","title":"Former WWE Co-Presidents George Barrios And Michelle Wilson Launch New Company"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}}]}});