WWE Shares Jump as Vince McMahon Stages Comeback

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WWE Shares Jump as Vince McMahon Stages Comeback
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Vince McMahon is staging a comeback at World Wrestling Entertainment, months after he retired from the company over a sexual misconduct scandal.

"Mr. McMahon can effectively exercise control over our affairs," the company said in a November regulatory filing.

Vince McMahon is staging a comeback atShares of the company jumped 10% after hours followingMcMahon, the company's controlling shareholder, said he had elected himself executive chairman of the company, and he brought on two former WWE co-presidents and board members, Michelle Wilson and George Barrios.

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