According to the New York Post, WWE and Sinclair Group have reportedly made bids for TNA Impact Wrestling. You can read the entire article here.
The article focused on Billy Corgan trying to become the majority owner of TNA.
Corgan said the following in the article:
“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.”
Many wrestling insiders have disputed this report, saying the NY Post is overstating the amount that the company is valued, which they reported is $40 million dollars. Dave Meltzer of the Wrestling Observer tweeted on this stating that if you “knock a zero off,” it would be closer to the real number.
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