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Old 05-24-2007, 04:48 PM   #1 (permalink)
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Breaking News: PRIDE / UFC Deal Reportedly Finalized

Sources: PRIDE-UFC Deal Finalized

Quote:
Thursday, May 24, 2007
by Josh Gross (joshg@sherdog.com)

On March 27, Station Casinos Vice Chairman Lorenzo Fertitta and UFC President Dana White announced in a Tokyo press conference that the sale of the PRIDE Fighting Championships to Zuffa had been agreed upon, and that the deal would be consummated on May 1.

Yet three weeks after the consummation date, the deal was slow to close, as Zuffa attorneys did their due diligence on PRIDE assets. In a conference call with the media on Thursday,White denied that the deal had been closed.

However, two sources tell Sherdog.com that the deal has in fact been finalized, and that former PRIDE CEO Nobuyuki Sakakibara has said as much too former DSE employees in the last 48-hours.

Citing Issues with several PRIDE fighter contracts, on Wednesday MMAWeekly.com reported that there is a class action lawsuit on behalf of PRIDE fighters looking to get out of their contracts. White, in a conversation with the media on Thursday afternoon, denied any knowledge of the dispute.
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Old 05-24-2007, 04:56 PM   #2 (permalink)
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Thanks for the update.
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Old 05-24-2007, 06:07 PM   #3 (permalink)
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nice find hopefully its all sorted out and we can look forward to this new pride.
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Old 05-24-2007, 06:09 PM   #4 (permalink)
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Thanks....This is good news. Hopefully we'll get some more events in the future.
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Old 05-24-2007, 07:17 PM   #5 (permalink)
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Pride UFC Finalized

On March 27, Station Casinos Vice Chairman Lorenzo Fertitta and UFC President Dana White announced in a Tokyo press conference that the sale of the PRIDE Fighting Championships to Zuffa had been agreed upon, and that the deal would be consummated on May 1.

Yet three weeks after the consummation date, the deal was slow to close, as Zuffa attorneys did their due diligence on PRIDE assets. In a conference call with the media on Thursday,White denied that the deal had been closed.

However, two sources tell Sherdog.com that the deal has in fact been finalized, and that former PRIDE CEO Nobuyuki Sakakibara has said as much to former DSE employees in the last 48 hours.

Citing Issues with several PRIDE fighter contracts, on Wednesday MMAWeekly.com reported that there is a class action lawsuit on behalf of PRIDE fighters looking to get out of their contracts. White, in a conversation with the media on Thursday afternoon, denied any knowledge of the dispute.
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Old 05-24-2007, 07:26 PM   #6 (permalink)
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The thread about this in the UFC forum cites its source.
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Old 05-24-2007, 07:31 PM   #7 (permalink)
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i didnt even see on i looked sorry i missed it..

the source is

Sherdog.com - Serving up Heaping Fistfuls of Mixed Martial Arts
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Old 05-24-2007, 08:18 PM   #8 (permalink)
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I's seemed like forever since the last PRIDE event. This can only be a good thing.

New PRIDE>No PRIDE
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Old 05-24-2007, 08:43 PM   #9 (permalink)
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good find thanks
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