Update On TNA Negotiating With Potential Investors

It was previously reported that TNA has been in talks with potential investors. On Wrestling Observer Radio (via wrestlinginc.com), it was said that recent talks are very serious. One party looking to invest wants to obtain a majority interest; Dixie Carter wants investors but reportedly does not want to sell a majority of the company. Dave Meltzer noted that the potential partners are looking for something around 55% of the company.

Opinionated View- Well again its Dave and his track record with TNA is more miss than hit. Until I hear something from Dixie or TNA I'll just let it play out.

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