Securities
Jul. 14, 2016
Fancy footwork won't shake taxes in UFC sale
After months of sale or no sale debate, now it is official, as the 23-year-old UFC sells itself for $4 billion.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
After months of sale or no sale debate, now it is official, as the 23-year-old UFC sells itself for $4 billion. The buyer is reportedly a group led by WME-IMG, with money from Silver Lake, Kohlberg Kravis Roberts, and a firm linked to Dell's Michael Dell. If the stories can be believed, the selling owners bought the rags to riches UFC for a $2 million investment in 2000. That was surely a bargain then, but it blossomed into a $4 billion company. With hard work, investment and some luck, th...
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