WME/IMG Takes Bold Swing with $4 Billion UFC Acquisition
Posted Jul 11, 2016
WME/IMG is taking another big swing at transforming and diversifying its far-flung business operations with the $4 billion acquisition of mixed martial arts organization Ultimate Fighting Championship. WME/IMG and its private equity partners Silver Lake, KKR and Michael Dell’s MSD Capital, L.P. and MSD Partners, L.P. confirmed the deal Monday.
(Variety)
Related: Other News
Michigan admits football recruiting violations, agrees to probation in NCAA probeMichigan has admitted to pandemic-era recruiting violations involving its football program as part of a negotiated resolution with the NCAA that includes placing the team...
Thu Apr 18, 2024NCAA approves new transfer rule allowing immediate eligibility
A new NCAA transfer rule will allow all undergraduate athletes to transfer and play immediately if they meet specific academic requirements, as the Division I...
Wed Apr 17, 2024
Tiger Woods bids farewell to CBS's Verne Lundquist at Masters on historic Hole 16
Legends recognize legends. On a Masters Sunday in which Tiger Woods hadn't played his best round of golf at Augusta National Golf Club, the five-time...
Wed Apr 17, 2024
Duke guard Jeremy Roach enters transfer portal
Duke point guard Jeremy Roach announced Tuesday on social media that he is entering the transfer portal after four seasons with the Blue Devils. The...
Tue Apr 16, 2024