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Latest News On The TNA Sale Talks Read more at http://www.wr
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Author:  Boxman [ Thu Nov 21, 2013 5:00 am ]
Post subject:  Latest News On The TNA Sale Talks Read more at http://www.wr

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Source: Wrestling Observer Newsletter

Regarding the TNA sale, one group that was rumored to be after the company, which was a name circulated online but never the lead candidate, has pulled out. The group that met with TNA officials a few weeks ago and has been the key party interested is still in play. It feels like a potential sale is cold in the sense nobody knows anything new and nothing has been talked about, and there are no signs of a transition coming. However, the leading group is still in the hunt and talking positively about making the deal. They are looking for complete ownership, and the key, is if they believe the asking price is fair.

There was some talk about the Carter family wanting to raise capital by selling a percentage and they'd keep majority ownership but the party interested is not looking for a minority interest. Jeff Jarrett, who has picked up a lot of power as of late, would be expected to gain power if this sale takes place, since he's more than likely involved in getting the deal rolling.

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