Billy Corgan, who has the role of being TNA President, appeared on ESPN Radio's The Dan Le Batard Show a while ago, and he was discussing the state of TNA (Impact Wrestling if you wish), and that things have not changed since the other day. 

He had been asked about WWE being interested in obtaining TNA, and how he could win a bidding war with Vince McMahon. Billy Corgan says "that you don't, and McMahon could buy it if he wanted to and there's nothing anyone "or God" can do to stop him".

As of this moment, it has NOT happened, and he does not think it will. Corgan has hopes that he would know since he's involved in the process of buying the company and owns a piece of the company.

There's apparently a "gunfight" of sorts between who will get control of the company. Corgan wouldn't say 100% that Bound For Glory will even happen this Sunday, but that that he hopes everything will be fixed. He does not think everyone involved would want a situation where everyone is will be out of a job. He has spoken to some talent that have told him to not take a bad deal.