This was for Punk’s World Heavyweight Championship.
This was a very boring match that went on for much too long. The silver lining was that the finish was executed very well for the larger picture feud between CM Punk and Jeff Hardy.
Punk had just cashed in his Money in the Bank briefcase at the PPV on Jeff after the latter won the title in a grueling ladder match against Edge. Punk was indignant that people were mad at him for doing that and was not yet acting like a total heel.
This finish saw Punk left on the floor for a while with an injured leg. Jeff had Edge finished in the ring after the Twist of Fate/Swanton combo. Punk pulled Jeff out and pinned Edge. (That was also a great way to use a rather trite triple threat finish in a clever and useful way.) (**1/4)