Cory Brady of FiveOuncesOfPain breaks the news that Zuffa has sold a minority stake to Sheikh Tahnoon Bin Zayed Al Nahyan: FiveOuncesofPain.com has recently received reports from multiple sources extremely close to the situation indicating that the UFC has recently sold a minority percentage of the company to Sheik Tahnoon Bin Zayed Al Nahyan, the son […]
financial
Rumour: Don Quijote to Buy FEG’s MMA Division
Zeus Tipado of MiddleEasy.com discusses the plans for a Japanese discount store to purchase FEG’s MMA division, which includes Dynamite!! and Dream. Now it’s being reported that the president of Don Quijote, Yasuda, set up a meeting between FEG to enable this Sengoku vs. Dream co-promotion as an attempt to strengthen Japanese MMA. Initially, Sadaharu […]
Station Casinos Bankruptcy Saga Continues
Steven Church of Bloomberg reports on the latest developments regarding the Station Casinos bankruptcy process, which has been unfolding over the last several months. Station Casinos Inc. doesn’t need an examiner to investigate how the company is handling its bankruptcy, the judge overseeing the case said, rejecting part of the takeover strategy pursued by Boyd Gaming […]
Weakening USD Benefits the UFC in UK
The British Pound is trading nearly 30 cents higher since the UFC last visited the UK in February for UFC 95. Payout Perspective: The gate revenues from UFC 105 – an event rumoured to be nearly sold-out – will convert back to the American dollar with a greater pop than the last time the UFC visited […]
ProElite Purchased for $2 million
Stratus Media Group, Inc. has announced that it has reached an agreement to acquire a 95% stake in ProElite, Inc. for $2 million. Stratus Media Group, Inc. (OTCBB: SMDI ), a live entertainment company, announced today that it has entered into an agreement to acquire a 95% interest in ProElite, Inc. (PK: PELE), a sports, entertainment and […]