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WWE News: CNBC reporter questions whether the Vince McMahon and Triple H angle is an SEC violation
Jul 19, 2011 - 09:35 AM |
Sports business reporter Darren Rovell pointed out on his Twitter page that the WWE Raw angle that showed Triple H replacing Vince McMahon may cause issues with the WWE stock. "The No. 1 material risk against WWE stock is Vince McMahon leaving the business," Rovell wrote. "Tonight's plot could be an SEC violation." Follow him on Twitter at Twitter.com/DarrenRovell.
Powell's POV: WWE went through something similar when Vince McMahon sold the Raw brand to Donald Trump. Thus, I assume that WWE officials are aware of whether they are within SEC regulations. Then again, I never thought they'd blow off their World Wildlife Fund agreement and lose the WWF name. Thanks to Dot Net Member Pinz Joe.
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