Elliott reveals that the Carter family has been trying to sell the company for some time and mentioned that they are open to selling it to just a handful of people rather then making the sale public. Here is an excerpt from their story:
"The Carter family has been open to receiving offers for TNA for several months. There are a select number of business people on the inside to whom this has been made clear. You have to understand that it's not like the company is going to be listed on eBay; keeping the fact that they are open to selling TNA to a small number of potentially interested parties keeps the price that the Carters can get for it at a much higher level than if they went public that the company was for sale. If someone does make a bid, that information will then be leaked in certain quarters, in the hope of starting a bidding war that would raise the price further. Like with Fusient Media's attempted purchase of WCW, if someone comes in with a bid, we'll soon know about it."
Got a news tip or correction? Send it to us by clicking here.
Short URL: http://winc.cc/R4RxCs
WWE World Heavyweight Champion Seth Rollins Congratulates New TNA Champion EC3 On Twitter
Major TNA Star Set For Global Force Wrestling Television Tapings
Stone Cold Steve Austin Tells Unreal Story About Having To Call 911 Over A Fall Recently
New TNA World Heavyweight Champion And Tag Team Champions Crowned, TNA Stable Breaking Up
WWE Statement On False Allegations In Recent Lawsuits
Legends Of Wrestling Teams Up With Another MLB Team For Event
Kevin Owens Pinned For The First Time On WWE NXT, Post-Show Videos From Finn Balor And Owens
John Cena - Cesaro Match Censored On WWE Raw
** SPOILERS ** WWE SmackDown Results For This Week
Big Show Comes Clean About Brock Lesnar Ring Break, Explains Why He Kept Kayfabe For So Long
The Authority Storyline Speculation, WWE Tough Enough Alex On His Elimination, More Reactions
WWE Sues Hall Of Famers And Other Legends