PW Insider posted the following update regarding the ongoing negotiations between TNA and outside investors

In speaking to a very high-up source within TNA tonight, I was told the company remains in discussions with “several strategic partners” and that those talks are stll moving forward. We are told there are three potential partners.

The source played down the idea that anything would be settled this week and felt the stories making the rounds could actually hurt the process (and potentially, the company). The source also floated the idea that all of the stories that are floating around could be attributed to one of the players trying to force TNA’s hand by pushing it’s own interest in the court of public opinion.

The source declined to comment on what PWInsider.com wrote about yesterday in regard to TNA’s relationship with Aerolux.

About The Author

Dan is host of Shooting from the Hip which you can hear every Sunday at 8pm EST, 7pm CST right here on PWpop.com.