40 MILLION DOLLARS to work with and maybe even up to 130 million if you account (SMDI) Stratus 90 million
Background to the deal and Strikeforce set-up:
Strikeforce, owned jointly by Scott Coker, its CEO, and Silicon Valley Sports & Entertainment, which runs the NHL’s San Jose Sharks, was rumoured to be looking for a business partner. On March 1, Coker described whispers of a UFC takeover as “crazy”. It is believed that ProElite Inc, also interested in acquiring the company, had been offered Silicon Valley’s share for $20 million, and a $20 million capital investment. Draw conclusions from there about the sums the UFC would have paid for what Dana White described as “a very good deal”.
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