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Billy Corgan Reportedly Buys NWA

— Billy Corgan of the Smashing Pumpkins has agreed in principle to purchase the National Wrestling Alliance (NWA), according to a report at pwinsider.com. This deal would see Corgan take ownership of the name, rights and trademarks of NWA, including the championship belt.

— Corgan had previously been involved in failed attempts to purchase TNA last year, with the promotion eventually being sold to Anthem.

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