Jerry Jarrett
In October 2002, Panda Energy purchased a controlling interest (72%) of the Nashville, Tennessee-based professional wrestling promotion Total Nonstop Action Wrestling from founder and CEO Jerry Jarrett. The seemingly unlikely acquisition came about after TNA publicist Dixie Carter, the daughter of Robert W. Carter, contacted her father and persuaded him to purchase the company (which was facing bankruptcy after a major financial backer, HealthSouth Corporation, withdrew their support).