Report: TNA in negotiations with multi-million dollar investment company

Apr 23, 2016 - by Steve Gerweck


TNA is reportedly in discussions with a multi-million dollar investment company to partner with it, according to the Pro Wrestling Sheet. The source reports that TNA is in partnership talks with Summit Strategic Investments, who bought and sold Segway. Reportedly, Summit Strategic Investments has a successful track record of “transforming troubled assets,” having bought Segway and selling it two years later after having resurrect it.

The CEO of Summit Strategic Investments is Roger Brown, whose brother Jason is the Chief Executive Officer of Aroluxe. Aroluxe, according to reports, was financing TNA’s production expenditures. According to Pro Wrestling Sheet, Aroluxe is the production arm of Aroluxe Marketing and that neither are in talks to buy a stake in the company.

There’s no word on how much stake Summit Strategic Investments is looking to buy at this time. Stay tuned for further details and updates.

Leave a Reply