Financial details werent disclosed.

PFL launched in 2018.

Competitions not new for the UFC, Emanuel said.

PFL

Ray Cooper III vs Nikolay Aleksakhin in Atlantic CityCooper Neill/PFL

We dont see it as a zero-sum game.

PFL will continue the Bellator brand.

Bellator will be the one-off event product from PFL.

‘Journey to the UFC: Joe Pyfer’

Each Bellator event will feature two compelling co-main fights competing for championship belts.

PFL is also staging PFL Champions vs. Bellator Champions next year.

Details of Bellator events, distribution, partnerships, and management will be announced will be announced later.

PFL is now a global powerhouse in MMA, said Davis.

Our Bellator acquisition turbocharges PFLs mission to innovate the sport and become the industry co-leader.

The combined PFL and Bellator fighter rosters are second to none in MMA, added Murray.

Citi and LionTree served as financial advisors to PFL.

Sidley Austin LLP served as legal counsel.