Reply to thread

Message

[QUOTE="jncuse, post: 4531769, member: 1969"]
Wrestling Media needs to stay in their lane.   If they want to comment on Vince's terrible creative content, fine.  His immoral behaviour in the past and recently, fine.    They are better equipped than most to comment on that.    And well Vince is bad in both those regards.

When it comes to corporate and financial reporting matters their overdramatics (which they use for wrestling matters as well) and interpretations have been an embarrassment throughout this process.   I probably get upset about it because reporting was an area I was a professional in.

Take this recent tweet for example that has sent many in an uproar for no good reason.  Wrestling Media dramatics at its finest.    The WWE released an SEC 8-K filing this morning that announced they amended their bylaws so that as long as Vince holds the majority of voting shares he could vote solely on major shareholder matters (which would be acquisitions, mergers, sale of the company).    Its purely procedural, they are entitled, and it sense since his vote accounts for 81% anyway.    Why go through all the time and expense of processing a full shareholder vote ... which can take up to a month procedurally, when de facto whatever Vince thinks on shareholder votes is all that matters.

This really changes nothing.   Vince had full control over major shareholder decisions since the company went public around 2000.

It may suggest though that once WWE has made a decision on a sale they want it to close as promptly as possible.  Vince might like that as well though because less time for any new personal mishaps to come to the front.

[MEDIA=twitter]1615354034457804802[/MEDIA]
[/QUOTE]

Verification

What is a Syracuse fan's favorite color?