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UPDATE: $4.2 Billion Bid For UFC Accepted By Zuffa, LLC

Posted By: Kenny Williams on Jun 20, 2016

UPDATE: $4.2 Billion Bid For UFC Accepted By Zuffa, LLC

FloCombat.com is reporting that sources close to the Ultimate Fighting Championship state that a group of investors, which consist of WME-IMG, the Dailan Wanda Group, The Kraft Group, and Tencent Holdings have put together a $4.2 billion bid to acquire the mixed martial arts organization from Zuffa, LLC, and that the bid has been accepted.

Furthermore, it is also being reported that UFC President of Operations Dana White will retain his current position in the company and will also obtain a new stake in the UFC as well, despite selling his shares as part of the initial deal.

WrestlingNewsSource.com will post more information regarding this story as soon as it is made available.

UPDATE (6/22/2016): A new report from Yahoo! Sports states that Dave Sholler, the UFC's vice president of public relations, released a statement late Monday denying FloCombat.com's report:

"FloCombat.com's report indicating that the UFC has been sold is false. We've communicated that to our staff members tonight via an internal memo."

Yahoo! Sports stated that Sholler would answer no further questions when asked, nor did UFC president Dana White offer any comment on the matter.

Source: FloCombat.com, Yahoo! Sports
Tags: #ufc

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