Tuesday, November 24, 2009

McMahon looking to buy into UFC

WWE executive VP of Global Media Shane McMahon is interested in buying a stake in the UFC.

A long time mixed martial arts fan McMahon recently resigned from his position with WWE after a reported blowup with his father and is scheduled to leave the company on Jan. 1, 2010.

McMahon eportedly tried to get his father to buy the UFC years ago and Dana White has long envied the WWE's business plan, which includes numerous ancillary revenues that protects the company during down periods at the gate.

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