WWE News: WWE is inching closer in buying TNA wrestling promotion

Oct 1, 2016 at 11:56 AM

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WWE News: WWE is inching closer in buying TNA wrestling promotion

Rumors seem to become reality as TNA is said to be already sold to the biggest wrestling promotion in the world. Now, interestingly the roster option has got deleted from their official website. This is the concrete indication that the company has already been taken over and hence they can’t use the superstars under their banner.
This Sunday at the Bound for Glory PPV, we probably are going to see the players performing under the TNA banner. In addition, the current owner of the company, Dixie Carter has posted on Twitter that we are going to get the concrete news in the upcoming days.

Also, quite interestingly, Dave Meltzer recently noted that WWE was not in the mix on the last lap while the bidding was going on. WWE offered a lower price for buying the shares and hence they are not going to grab the deal.
Apparently, the acting TNA president Billy Corgan is still trying to purchase the company as a whole but Dixie Carter is the prime shareholder of the company with 7o percent share under her name and only she can decide who will take over the brand.
On the other hand, Fightful.com reported that Billy Corgan’s effort in buying TNA is completely false. Dixie is still the most respected backstage person and she holds the sole right what will happen to the company and its roster.
Vince McMahon’s intention to buy the company is mainly to get his hands on the company’s vast video library which consists of various former WWE Superstars. WWE Network is channeling 24/7 programs containing superstar’s wrestling careers and the inclusion of the TNA superstars will make the video library even bigger.
However, it’s needless to say that WWE will also like to include some of the bigger names from TNA to their roster which includes the Hardy Boyz, Mike Bennett, Ethan Curter, Bobby Lashley etc.

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