The UFC will reportedly announce the sale of the
organisation on Monday to a consortium which also includes private equity firms
Silver Lake, Kohlberg Kravis Roberts and Michael S Dell.
According to Fox Sports, the current owners of the UFC —
casino entrepreneurs Lorenzo and Frank Fertitta — will still hold a minority
interest in the company while the majority of the shares will go to WME-IMG,
headed by co-chief executives Ari Emanuel and Patrick Whitesell.
The Ultimate Fighting Championship (UFC) is an American
fighting promotion company. It is the premier mixed martial arts (MMA)
promotion, the largest in the world and it features most of the top-ranked
fighters in the sport. Based in the United States, the UFC produces events
worldwide that showcase ten weight divisions and abide by the Unified Rules of
Mixed Martial Arts. The UFC has held over 300 events to date. Dana White serves
as the president of the UFC while Brothers Frank and Lorenzo Fertitta control
the UFC's parent company, Zuffa, LLC.
-Irishtimes
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