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http://www.mmafighting.com/2016/6/1...y-imminent-with-two-bids-in-4-1-billion-rangeThe bids are somewhere between $3.9 and $4.2 billion, sources said.
The sale would be for the entire company. Currently, both groups are trying to completely finance the buyout, the report said. The results of that could determine which bidder ends up buying the UFC.
http://www.bloodyelbow.com/2016/6/1...illion-purchase-dana-white-zuffa-mma-businessWhile these bids are not binding, and the UFC could reject any offers to buy, Meltzer notes that it was the UFC themselves who set this ball in motion, using Goldman Sachs to find potential bidders, and sending out confidential business information, indicating that they are actively looking to sell.
The popular Swedish light heavyweight will meet Jan Blachowicz on Sept. 3 in Hamburg, Germany, the UFC announced Friday.
Multiple sources confirmed with FloCombat on Monday afternoon that a bid of $4.2 billion from a group consisting of WME-IMG, the Dalian Wanda Group, The Kraft Group and Tencent Holdings was accepted by Zuffa brass. While this does not mean the entire company is officially sold, it is a strong likelihood that the sale will be completed shortly
Our sources reiterated once again that Dana White will be staying with the company. His current shares in Zuffa will be sold as part of the deal, but he will be granted new shares to stay on in his current promotion capacity. A new CEO will be selected to handle emerging international businesses; the name we were told is Garry Cook, the former head of the Manchester City football club. White would continue to handle the promotional end of the company—with matchmakers Joe Silva and Sean Shelby staying on board in their current roles—while Cook will focus on expanding business dealings in new emerging markets