U.F.C. Sold for $4 Billion

The league, which promotes mixed martial arts, is expected to announce as soon as Monday that it has sold itself to a group led by the talent giant WME-IMG for about $4 billion, according to people with direct knowledge of the matter. Backing the deal are the private equity heavyweights Silver Lake, Kohlberg Kravis Roberts, and the investment firm of the billionaire Michael S. Dell.

Click to expand...

truthatallcost said:

http://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0

So now the company that owns the Wrasslin' world owns the UFC, according to the NYT.

I wonder how this will affect the UFC?

Thoughts?
Comments?

Click to expand...

truthatallcost said:

http://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0

So now the company that owns the Wrasslin' world owns the UFC, according to the NYT.

I wonder how this will affect the UFC?

Thoughts?
Comments?

Click to expand...

Brothers Lorenzo and Frank Fertitta originally purchased the sports network for $US2 million in 2001 and own 80 per cent of the company.

Click to expand...

Hawkeye10 said:

Home | Live Scores & Latest News | Fox Sports

Wish it were me.

Click to expand...

truthatallcost said:

I never saw these guys interviewed anywhere, only Dana White.
Wonder where this leaves Joe Rogan, he was talking about quitting the UFC if they sold the company.

Click to expand...