WWE and TNA to hold PPV events on same day?

Devin Cutting sent this in:

TNA issued a press release today that listed July 17th, 2011 as the date for the Destination X pay-per-view. As previously reported, WWE will be holding the Money In The Bank pay-per-view on July 17th, 2011. Go to http://prowrestlingevents.tk or http://prowrestlingevents.webs.com for info about upcoming wrestling shows worldwide.