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Dave Meltzers Weekly Newsletter:
Not a lot has gone on regarding the sale but there are a few things we have heard regarding it. The key is that it has been confirmed by a source involved in the bidding that 100 percent of the company is for sale and that the price they are looking for is the exact price ($3.5 billion to $4 billion) in the Darren Rovell article. We had known it was a majority interest they were looking at selling, but this means not just the Fertittas stock, but Dana White’s stock and Flash Entertainment’s stock is all for sale with sealed bids coming soon. One is that at least one if not more of the prospective buyers wants assurances that the key drawing cards are under long-term deals (I believe Ronda Rousey has two fights left on her deal, but whatever the number, obviously her situation is a key because right now from the outside it doesn’t appear she’s that hot on fighting). The bids in play are said to be fluid (in the sense they are ever changing until the actual deadline) and evolving based on due diligence and the companies involved garnering more information. But a second round of the process has just begun.
Not a lot has gone on regarding the sale but there are a few things we have heard regarding it. The key is that it has been confirmed by a source involved in the bidding that 100 percent of the company is for sale and that the price they are looking for is the exact price ($3.5 billion to $4 billion) in the Darren Rovell article. We had known it was a majority interest they were looking at selling, but this means not just the Fertittas stock, but Dana White’s stock and Flash Entertainment’s stock is all for sale with sealed bids coming soon. One is that at least one if not more of the prospective buyers wants assurances that the key drawing cards are under long-term deals (I believe Ronda Rousey has two fights left on her deal, but whatever the number, obviously her situation is a key because right now from the outside it doesn’t appear she’s that hot on fighting). The bids in play are said to be fluid (in the sense they are ever changing until the actual deadline) and evolving based on due diligence and the companies involved garnering more information. But a second round of the process has just begun.