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Post by Peep's Naitch on May 1, 2017 13:07:59 GMT -5
According to PWInsider, former TNA President and Smashing Pumpkins frontman Billy Corgan is close to finalizing the purchase of the National Wrestling Alliance (NWA), including all it's rings, and the World Heavyweight Championship belt. The lineage of the NWA dates back to 1948 and many of today's promotions have originally sprouted from the NWA, including Jim Crockett Promotions (which became the now defunct WCW) and the WWE. Corgan actually has a history in the wrestling business, having almost bought TNA Wrestling from Panda Energy, the former majority owner, before Panda Energy sold it's majority stake to Anthem Sports. Nothing has officially been announced yet, but one would think an announcement would be coming as soon as information has been finalized one way or another. credit: www.sescoops.com/report-billy-corgan-purchasing-the-national-wrestling-alliance/
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