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07-11-2016, 09:11 AM
UFC mixed martial arts company sold for $4 billion, report says
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Less than a day after capping off a**ther successful pay-per-view event, it was an**unced that the Ultimate Fighting Championship (UFC), the world's largest mixed martial arts promotion, has been sold for a whopping $4 billion.
SEE ALSO: Dana White Explains the UFC's Social Media Choke Hold (http://mashable.com/2012/12/13/dana-white-ufc-q-and-a/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
The story was first reported (http://www.lasvegas**w.com/news/ufc-is-sold-for-4-billion) by CBS 8 in Las Vegas. According to their report:*
The promotion's current majority owners, brothers Lorenzo and Frank Fertitta, will retain a small percentage of ownership as will current UFC president Dana White.*
Rumors of the sale have been circulating for weeks but had previously been denied (http://sports.yahoo.com/news/lorenzo-fertitta-rumored-ufc-sale-theres-**thing-report-193517930--mma.html); Sunday night's an**uncement made it official. Read more... (http://mashable.com/2016/07/11/ufc-sold-for-four-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Dana White (http://mashable.com/category/dana-white/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Ufc (http://mashable.com/category/ufc/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Entertainment (http://mashable.com/entertainment/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Sports (http://mashable.com/sports/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/2YwZ_0M6qgA
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Less than a day after capping off a**ther successful pay-per-view event, it was an**unced that the Ultimate Fighting Championship (UFC), the world's largest mixed martial arts promotion, has been sold for a whopping $4 billion.
SEE ALSO: Dana White Explains the UFC's Social Media Choke Hold (http://mashable.com/2012/12/13/dana-white-ufc-q-and-a/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
The story was first reported (http://www.lasvegas**w.com/news/ufc-is-sold-for-4-billion) by CBS 8 in Las Vegas. According to their report:*
The promotion's current majority owners, brothers Lorenzo and Frank Fertitta, will retain a small percentage of ownership as will current UFC president Dana White.*
Rumors of the sale have been circulating for weeks but had previously been denied (http://sports.yahoo.com/news/lorenzo-fertitta-rumored-ufc-sale-theres-**thing-report-193517930--mma.html); Sunday night's an**uncement made it official. Read more... (http://mashable.com/2016/07/11/ufc-sold-for-four-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Dana White (http://mashable.com/category/dana-white/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Ufc (http://mashable.com/category/ufc/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Entertainment (http://mashable.com/entertainment/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Sports (http://mashable.com/sports/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/2YwZ_0M6qgA