As we previously reported, The New York Post stated that both ROH parent company Sinclair Broadcasting and the WWE have put in bids to purchase TNA.
Dave Meltzer of Wrestling Observer Radio reports that while the WWE’s bid to purchase TNA is in fact a legit one, it is described only as if nobody else purchases the company. It seems as though WWE is only interested in the TNA video library to help promote stars such as Samoa Joe and WWE Champion AJ Styles.
Meltzer also reports that the sale is down to current TNA President Billy Corgan and a second party, however, there are several non-disclosure agreements as far as the second party goes.
We’ll keep you updated as we learn more.
