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April Fools' Day

    M-1 Global and Fedor Emelianenko buy the UFC

    Sun, 2012-04-01 11:40 — OTM News

    LAS VEGAS — M-1 Global, the Russian MMA promotion that is partly owned by Fedor Emelianenko, has purchased rival mixed martial arts promoter UFC, though they will continue to operate as separate entities.

    Financial terms of the sale were not available.

    UFC president Dana White confirmed the deal to The Associated Press on Sunday morning.

    "Right now the plan is to operate on our own," White said. "Business as usual."

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