For weeks it was rumored that TNA Parent Company Panda Energy was looking to sell the company. According to Wrestlezone, One of the names that was interested in buying the company is Smashing Pumpkins frontman and Resistance Pro Wrestling Owner Billy Corgan who has attended numerous TNA events in the past.
For those who missed it earlier, We posted a story that PWInsider had reported that Janice Carter the mother of TNA President Dixie Carter sent out an Internal memo saying that the rumored sale of TNA was false and that Panda Energy does not intend to sell controlling interest of TNA.