In a stunning announcement that will rock the foundations of the MMA world, the UFC have purchased the second biggest promotion in the business, Strikeforce.

“We literally just closed the deal,” UFC president Dana White told Ariel Helwani in a new video released announcing the news.

“As we continue to grow and expand into all these different countries, one of the things I keep telling you every time we talk is, we need more fights, we need more fights, we need more fights, and let’s face the facts. Strikeforce is a brand that fans have come to like. They do have a following, people enjoy the fights that they are putting on, and it made sense to us.”

White was coy in revealing just how long the deal had been in the works, simply stating that, “it happened quickly.”

What is clear is that both the UFC and Strikeforce will continue to operate, and that means we won’t be seeing big Strikeforce stars like Alistair Overeem and Fedor Emelianenko fighting in the Octagon, for the time being at least.

“Strikeforce is going to continue to run, business as usual. There’s contracts in place, these guys are on Showtime. Strikeforce pulls good ratings for Showtime, I think Showtime is happy with them, and all those contracts will be honored. These guys are going to remain Strikeforce fighters. Could guys from the UFC leave and end up over at Strikeforce…yeah, absolutely, that’s really the way things work.”

And Dana confirms that Strikeforce CEO Scott Coker will also still be along for the ride.

“We’ve signed a deal with Scott Coker. He’s staying on….I’ve never had a bad thing to say about Scott Coker. I’ve known Scott since the K-1 days when he was promoting in Las Vegas, and you know, Scott’s a good guy.”

Watch Dana White break the momentous news to MMAFighting’s Ariel Helwani below.

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