WWE Ramping Up Interest In Buying TNA As Time Is Running Out On Company, WWE's Plans For TNA

Last week New York Daily News reported a story stating that WWE had recently put in an offer to purchase the struggle TNA wrestling company. It was noted that WWE was among a few interested parties that were trying to buy TNA, including Sinclair Broadcasting, which owns Ring of Honor (ROH), and Smashing Pumpkins frontman Billy Corgan.

WWE’s Vince McMahon is targeting another major acquisition as WWE is ramping up their efforts to buy TNA wrestling (Photo by Ethan Miller/Getty Images)

While it may have been expected that talks and negotiations would go on for several weeks before anything concrete came to fruition, it appears TNA is running out of time to sell.

Dave Meltzer said on Wrestling Observer Radio that there was still no deal for Billy Corgan to purchase the company and WWE was back in the picture as a serious bidder. The time is ticking on Corgan as he needs to make a deal to fund this Sunday’s Bound For Glory pay-per-view and next week’s TV tapings.