The following is an excerpt from an article on TheFightNetwork.com:
Icon Sport promoter and matchmaker Patrick Freitas confirmed Thursday that Pro Elite, parent company of EliteXC, were still in serious discussions regarding the purchase of the Hawaii-based mixed martial arts promotion. Freitas stopped short of calling any deal imminent, but the conceded the two promotions have been in negotiations for months.
“I think it’s no secret that Pro Elite and Icon are talking about the acquisition of Icon, but anything could happen,” Freitas said.
According to Freitas, should the deal be consummated, Pro Elite would purchase the rights to the company and would hire Icon Sport president T.J. Thompson and Freitas to run events as consultants. The Icon Sport brand would remain intact. The relationship between Pro Elite and Icon Sport began in March when Proelite.com streamed the Icon Sport middleweight championship bout between Robbie Lawler and Frank Trigg.
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