Mixed martial arts: Sportsmen and celebrity manager WME-IMG to buy UFC for projected $5.4b

(REUTERS) - WME-IMG, a manager of sports people and celebrities, said on Monday (July 11) it would buy the Ultimate Fighting Championship (UFC) in a deal backed by private equity firms Silver Lake and KKR & Co.

The company's statement did not disclose the terms of the deal.

The group led by WME-IMG will buy UFC for about US$4 billion (S$5.4 billion), Reuters reported earlier in the day, citing a source.