Chase for Fame is decent. We'll use it if we can't think of anything better. That backstory better be a joke. I was thinking more along the lines of this:
In late 2009, Vince McMahon handed WWE down to Stephanie. Triple H and Stephanie divorced after marital problems that surfaced over control of the company, and Stephanie sold her share to three (or four, depending on how many people we have) different companies, Walt Disney (the one I'm using), and whatever companies you want. In theory, I guess you can make yourself to be richer than Bill Gates and by the company yourself. Either way, the new owners bring their shares of money together, use it to buy out TNA from Panda Energy and Dixie Carter, and they pool all that talent together. They decide to work together under one large company, operating their share under different brands, and using them to compete against each other to draw in more interest to their companies and professional wrestling. They draft talent to their respective brands and the rest are released from their contracts and are forced to search for jobs on the independent circuit unless they happen to get lucky enough to be signed later.