The UFC has announced it has been sold for approximately $4 billion to a group headed by talent agency William Morris Endeavor/International Management Group (WME/IMG).
Las Vegas CBS affiliate KLAS-TV reported over the weekend that paperwork for the sale was signed on Saturday to an ownership group comprising WME/IMG, private equity group MSD and global investment firm KKR. UFC CEO Lorenzo Fertitta will step down following a transitional period, although Dana White will stay on as president and hold a minority stake.
INC News, 11/07/2016 - source: ©RTNews
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