#RIP #TNA 2002-2016. #ImpactWrestling #WWE #BillyCorgan

Just saw some news where WWE has reportedly purchased the TNA video library and all TNA trademarks, while Billy Corgan has bought the actual TNA company – Impact Ventures, LLC – and will rebrand TNA as a new wrestling company.

Breaking News: WWE Reportedly Purchasing TNA Video Library and New TNA Majority Owner Revealed

(Photo by Gabriel Grams/Getty Images)

There is breaking news regarding the sale of TNA.

 According to WZ’s Justin LaBar, sources are reporting WWE will be purchasing the TNA video library.

Furthermore, Billy Corgan is going to become the new majority owner and is expected to rebrand TNA into a new company.

 We will have more information when it becomes available.

This news is released only two days after reports surfaced that Dixie Carter addressed the locker room before the Impact taping Monday night.

Read Also: Dixie Carter’s comments about the future of TNA 

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