In a follow-up to the breaking story about the Carter family wanting to sell TNA, Brian Elliot of Fighting Spirit Magazine shared some more details behind the Carters wanting out of TNA. Elliot told WrestlingNewsSource.com that the Carters have been considering this move for several months, and that while they are taking quiet bids from a select group of people right now, the possibility of them going public with the sale at some point is certainly evident.
They would most likely go public once they had a bid already in place. This would raise the value of the company by perception and hopefully start a bidding war between potential buyers.
Elliot said the following about the situation:
Have a news tip? Attended an event and want to send a live report?