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UFC TAKES ON MINORITY OWNER

The Ultimate Fighting Championship has sold a 10% stake in its company to the United Arab Emirates based Flash Entertainment. There is speculation that the Fertitta brothers, who own 81% of UFC, made the sale to raise cash for their struggling, financially plagued casino empire which filed for bankruptcy last August.

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This entry was posted on January 12, 2010 at 5:49 pm and is filed under business, UFC. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “UFC TAKES ON MINORITY OWNER”

  1. MMA Fighter Says:
    January 16, 2010 at 3:30 am | Reply

    Big step for the ufc

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