Former UFC Owner Set To Start New MMA Promotion Soon

The following is a note from today's news update over at WrestlingObserver.com:

The long-rumored deal between Bob Meyrowitz, the owner of UFC from 1993-2001, and Live Nation, the leading event promoter in North America, has been signed, and the two will be starting a new MMA promotion. More details, including the name, goals, first event and more should be announced within two weeks.

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