HDNet Making Moves To Purchase IFL Assets

From a report on MMAJunkie.com:

According to a filing last week with the U.S. Securities and Exchange Commission, HDNet has entered into a purchase agreement to acquire the IFL's remaining assets. HDNet's bid of $650,000 would net the channel the IFL's video and photo library, brand name, and other intellectual property. While HDNet declined to comment on the potential acquisition, the move is aimed squarely at bringing additional MMA content under the HDNet Fights umbrella, and likely has little to do with affecting the company's fight promotion business.

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