The New York Post posted an article on Billy Corgan trying to become the majority owner of TNA. Also mentioned in the article is WWE’s interest in buying the company. WWE and Sinclair Group have reportedly made bids for the company. Sinclair Group also owns Ring Of Honor. You can read the entire article here.
Corgan was quoted in the article as saying the following regarding the possible purchase of TNA:
“I would love nothing better than to stand up in front of everyone and give a clear picture of where this company is and where it’s going.”
Dave Meltzer commented on how much TNA is worth, seeming to contradict the New York Post’s report, and you can read his tweet below:
Nobody is paying $40 million. Take one zero off https://t.co/Y0kroSlYJJ— Dave Meltzer (@davemeltzerWON) September 17, 2016