MMAWeekly is reporting that Fertittas brothers have purchased PRIDE Fighting Championship.
According to the article the Fertittas will start a new company under which PRIDE will operate. This means DSE (Dream Stage Entertainment) will no longer have any ties to the organization. Current PRIDE/DSE president Nobuyuki Sakikabara is also expected to step down from his position.
The new company also means that PRIDE will be run as a separate entity to the UFC with the two organizations coming together once a year to put on a super show.
PRIDE 34: Kamikaze is expected to be the last show run under the current ownership…
There will be a press conference held in Tokyo, Japan at the Roppongi Hills Arena on Tuesday 3/27.