13 Months Ago, John Chandler from MMA on Tap says (in ProElite Attempting to Block Public Auction) The planned public auction will see both the EliteXC and King of the Cage brands up for sale as well as the contracts of such fighters as Kimbo Slice, Gina Carano, Jake Shields, Robbie Lawler, and Frank Shamrock among others.

14 Months Ago, ben from Cage Potato says (in Showtime Looking to Purchase ProElite) Sherdog reports that Showtime Networks filed public notice with the U.S. Securities and Exchange Commission yesterday, announcing their intention to negotiate for the purchase of Pro Elite Inc. Showtime, a subsidiary of CBS Corporation, already has a 20% ownership stake in the L.A.-base...

And Chart Topper from The MMA News says (in Showtime Looking To Acquire ProElite Inc.) Showtime Networks is making moves, including filing with the SEC(Securities and Exchange Commision), to begin formal negotiations aimed at acquiring ProElite Inc, the parent company for EliteXC, King of the Cage, Cage Rage and ICON Sports.

Here’s the filing quote:

Showtime failed to return any calls, but look for an official statement soon. Showtime Networks is making moves, including filing with the SEC(Securities and Exchange Commision), to begin formal negotiations aimed at acquiring ProElite Inc, the parent company for EliteXC, King of the Cage, Cage Rage and ICON Sports. The only surprise is who’s looking to buy ProElite, as most MMA insiders assumed that a major infusion [...]