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WME-IMG tackles UFC in $4B deal

Jul 13, 2016 - The Deal Pipeline
Board and Executive Moves-Mergers and Acquisitions

Talent agency WME-IMG said Monday it would buy mixed martial arts promoter Ultimate Fighting Championship for a reported $4 billion, taking control of one of the world's fastest growing sports brands. Terms of the deal call for WME-IMG to partner with Silver Lake Partners LP and KKR & Co LP (KKR) to buy the company, with MSD Capital LP and MSD Partners LP providing preferred equity financing. UFC, founded in 1993, is currently owned by Zuffa LLC and controlled by casino entrepreneurs Frank F...