TNA Running Out of Time to Make a Deal for the Company, more
Last week we reported that WWE was interested in purchasing TNA, presumably to acquire their fourteen year old tape library showcasing current WWE Superstars like Austin Aries, Bobby Roode, Eric Young, Samoa Joe, and WWE World Champion AJ Styles. The offer was originally described as an “option if no other parties purchase the company.” Dave Meltzer noted on this morning’s episode of Wrestling Observer Radio that WWE is back at the table, Dixie Carter has the right to sell to whomever she wants, however company ownership has become incredibly complicated.
TNA is nearly out of time, and rumor has it that there is still no deal for Billy Corgan to purchase the company. Corgan needs to make a deal to fund this Sunday’s Bound For Glory and next week’s TV tapings, and needs to do so by Friday as it’s the last business day before Sunday’s pay-per-view.
According to Meltzer, WWE’s main goal is acquiring the tape library and while they’d more than likely keep a handful of talent contracts, there would be no plan to keep TNA active going forward.
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