There’s profitable investments. And then there’s the sporting equivalent of buying IBM stock in the 40s.
Am told a winning bid of 4.2 billion was accepted by Zuffa. Lead was WME- IMG/Dalian Wanda/Kraft Group/Tencent Holdings.
— Jeremy Botter (@jeremybotter) June 20, 2016
And the sale starts to get particularly interesting when you start considering exactly who is the company’s new owners.