The following is an article from Dave Meltzer's WrestlingObserver.com website:
According to an article in today's MultiChannel News, the negotiations for UFC on HBO have ended without a deal.
“After lots of discussion it became apparent that the business model doesn't make sense for either one of us. So we agreed to go our separate ways,” said HBO Sports president Ross Greenburg in a statement. “You never know what the future holds. We have enormous respect and admiration for the executives we dealt with at the UFC. We with them well.”
All that waiting for nothing. Oh well.