WWE placing bids to buy out TNA?

David_TheMan

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Dixie's dad was said to have taken over negotiations, so he probably will float the company until he hears a deal he thinks is good enough for his baby girl.
 

mrken12

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EXCLUSIVE DETAILS ON DIXIE CARTER'S LOCKER ROOM MEETING WITH TNA ROSTER LAST NIGHT | PWInsider.com

TNA majority owner Dixie Carter held a locker room meeting last night prior to the TNA Impact Wrestling taping in Orlando, Florida. According to several sources we have spoken to, Carter spoke to talents about a number of different issues and allowed talents to ask questions.

One of the issues we were told was discussed was regarding late payments to the talents and Carter stated that there are times were payments are made late, stating that is because TNA is waiting for money they are owed to come in.

Carter was also asked about rumors that WWE was about to buy the promotion. Carter, we are told, acknowledged that WWE wanted to purchase but stated that she would not let that happen, although she could have. Carter also stated that the company still owns their own tape library in regard to rumors that WWE was purchasing that.

Carter made it clear that she is still the majority owner of TNA but acknowledged there has been some in-fighting and a power struggle amongst the other owners of the company.

In regard to the financial issues leading into Bound for Glory, Carter said that the show was never not going to happen but acknowledged that they "scrambled" leading up to the PPV.

We are told that Carter acted surprised that everyone was so up in arms and worried about the status of the company and apologized to the locker room that there was so much concern and worry among them.

Amongst those that we spoke to, the feeling was that the locker room meeting did help alleviate some concerns, but there's obviously still a worry at the end of the day about where things may go after the company is done filming for the rest of the year. But, there was respect for her stepping up and addressing the roster.

TNA President Billy Corgan was not present at the meeting. PWInsider has been told by sources that he declined to attend the meeting.
 

RammerJammer

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@TwelveGod @mrken12 @Silkk Dude from WZ is saying WWE just bought the tape library, Corgan has bought the company and will be rebranding



Edit: Hopefully the tape library doesn't include any of the early Destination America/PopTV stuff.


So Ditzy is gone? :blessed:
 

The Rainmaker

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@TwelveGod @mrken12 @Silkk Dude from WZ is saying WWE just bought the tape library, Corgan has bought the company and will be rebranding



Edit: Hopefully the tape library doesn't include any of the early Destination America/PopTV stuff.


:wtb:Wasn't this the same guy who said last week flights for BFG were cancelled and other assorted lies?
 

Vinny Lupton

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One of the issues we were told was discussed was regarding late payments to the talents and Carter stated that there are times were payments are made late, stating that is because TNA is waiting for money they are owed to come in.
.

Every business has cash flow issues. To not pay your employees on time because of those issues is unprofessional however. These guys got kids and shyt. Can't pay your kids school payment or the groceries late because your boss is late. Fix ya margins and reserves ho


As far as us owning the tape library, I'll believe it when Dashing Dave M reports it
 

Tanahashi Coates

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:wtb:Wasn't this the same guy who said last week flights for BFG were cancelled and other assorted lies?

Just:duck:

o9g203-1.gif
 

Silkk

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@TwelveGod @mrken12 @Silkk Dude from WZ is saying WWE just bought the tape library, Corgan has bought the company and will be rebranding



Edit: Hopefully the tape library doesn't include any of the early Destination America/PopTV stuff.

If true, they're getting all that.

Not sure how much value TNA has without their tape library tho :francis:
 

CJ

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Does Corgan then use this rebrand opportunity to team with GFW? Not familiar with the relationship there.
 
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