Alex Barie of TNANews.com confirmed last Friday that Panda Energy’s Janice Carter sent an email to all employees of TNA Wrestling, addressing rumors the Carter family was looking to sell the company. On Monday, we provided an excerpt from the email and have now obtained the memo in its entirety.
You can read it below:
October 31, 2013
As we embark on our “Where Action Never Ends” 365 initiative, I wanted to take this time to thank you for your dedication and enthusiasm to your company’s renewed creative direction. I feel confident that, together, we are marching towards something great – a revolutionary way to experience professional wrestling.
With this said, I am aware of the false rumors currently circulating that The Carter Family and Panda Energy is attempting to sell their ownership stakes in TNA Wrestling. An unfortunate aspect of this business is that there are wrestling “reporters” who consistently post “news stories” without proper facts. I want to assure you that these are just rumors and I am committed to TNA and its future.
While I typically find that responding to such rumors is a waste of time, I wanted to use this as a moment to express my support and delight for the creative direction we are moving in. Our work has just begun and I look forward to a long and rewarding future with you and TNA.
Chairman of the Board
Panda Energy is the majority owner of TNA and the financial backbone of the company. Janice’s memo has done little to quiet rumors as speculation persists in many circles, including Billy Corgan’s name surfacing as an interested buyer last weekend.
At this point, all we know for sure is the memo that was sent above. There are a lot of rumors and speculation but we’ll only report what we can confirm as fact. I’m not trying to sound self-righteous but it’s amazing how quickly gossip and assumptions get passed on as fact. To date, we have never reported TNA is for sale because we haven’t been told that by any of our sources.