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 UFC Denies Report Of $4.2 Billion Sale

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PostSubject: UFC Denies Report Of $4.2 Billion Sale   Tue Jun 21, 2016 9:22 am

As noted, Jeremy Botter of FloCombat reported yesterday that Zuffa has accepted a $4.2 billion bill to sell the UFC to a group consisting of WME-IMG, the Dalian Wanda Group, The Kraft Group and Tencent Holdings. It was noted that while the bid was accepted, the sale hasn't been completed.

The UFC sent an email to employees denying the report. The email read (h/t to MMA Junkie):

"A report today by FloCombat.com indicating that the company has been sold is false. This follows other false speculation in the press recently.

"Such misrepresentation of facts in the media negatively impacts our business, staff members and athletes. We have instructed our attorneys to investigate and take all appropriate legal actions against the parties publishing and contributing to these false stories.

"With International Fight Week and the historic UFC 200 rapidly approaching, we look forward to once again delivering a series of events that our fans won't soon forget. We appreciate your hard work, diligence and commitment, and thank you for your focus as we continue to take the sport to new heights."
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UFC Denies Report Of $4.2 Billion Sale

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