Intercontinental Championship Wrestling (IWF)

[TSG]

From wrestlezone.com

December 25th, 2010: On Christmas Day, rumors are abound that TNA is under immense pressure. TV ratings have been falling for weeks, and storylines are not panning out the way that has been hoped. Reports say that Dixie Carter and Panda Energy have pulled the plug on the investment that is Total Nonstop Action Wrestling, and the company could be facing a downfall.

December 27th, 2010: Admist the recent reports on TNA, Hulk Hogan and Eric Bischoff have decided to leave TNA, which appears to be a sinking ship without a paddle. Talent, producers, and writers backstage does not know what is going on or what will happen in the coming days. The next few Impact tapings have been canceled until things can be sorted out. Spike TV has pulled Impact from it's next regularly scheduled airing. Things are chaotic in the pro wrestling industry at the moment.

December 30th, 2010: As New Years Eve approaches, Jeff Jarrett has sole control of TNA once again at this point, and is in a precarious position. Meanwhile, outsiders are approaching with various offers.

January 1st, 2011: On New Years Day, the professional wrestling world has been shocked to the core. Vince McMahon has bought TNA Wrestling. It was announced at an impromptu press conference held by the two men. Later that night, Jeff Jarrett made a farewell post on the TNA website. He promises the fans that a very interesting and groundbreaking piece of information was key to brokering the deal, but it cannot be revealed now. He tells the fans he thinks that, under TNA's circumstance, and under the information he was given by Vince McMahon himself, this will be best for professional wrestling as a whole, and under any other circumstance, he would not have sold to McMahon. As one final promise, he also assures the fans of TNA that all this will become clearer within the next few months.