Zuffa accepts a bid worth $4.2 billion to sell UFC
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06-20-2016, 06:00 PM
(This post was last modified: 06-20-2016 06:00 PM by JONdaCON.)
Post: #1
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Zuffa accepts a bid worth $4.2 billion to sell UFC
The UFC is about to be under new ownership.
On Monday, Zuffa, LLC reportedly accepted a bid worth a reported $4.2 billion to sell the UFC, according to Jeremy Botter of FloSports. While it's not certain who submitted the winning bid, the leading party was allegedly a group composed of William Morris Endeavor-IMG, the Chinese conglomerate Dalian Wanda, The Kraft Group, and Chinese investment company Tencent Holdings Limited. Majority owners Frank and Lorenzo Fertitta, UFC president Dana White, and other investors are expected to sell 100 percent of their shares, with White being offered future shares to return and oversee the organizational transition. The Fertitta brothers and White founded Zuffa in 2001 when they purchased the UFC for $2 million from the Semaphore Entertainment Group. http://www.thescore.com/mma/news/1046902 |
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06-21-2016, 12:25 AM
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RE: Zuffa accepts a bid worth $4.2 billion to sell UFC
Damn. It's crazy to think about how far the UFC has come over the years.
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06-21-2016, 02:23 AM
Post: #3
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RE: Zuffa accepts a bid worth $4.2 billion to sell UFC
It's hard to imagine it surviving without Dana White.
"And you got your own steez about you that I appreciate bro. I see it." - Snoop |
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06-21-2016, 09:25 AM
Post: #4
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RE: Zuffa accepts a bid worth $4.2 billion to sell UFC
It'll look like WWE now for sure!!!
I can already see them lining up a short fat blk guy vs a tall skinny Asian. |
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