Ultimate Fighting Championship executives today officially announced the purchase of rival Strikeforce, news of which first came out over the weekend.
In today’s official announcement, company executives reiterated that the two fight promotions will operate independently.
Citing his admiration for Strikeforce executive Scott Coker, UFC Chairman and CEO Lorenzo Fertitta said the longtime kickboxing and MMA promoter will continue to run day-to-day operations of the organization.