The world’s largest MMA promotion may eventually change hands at some point, but UFC officials insist that no such transaction has taken place at this time.

FloCombat.com today reported that UFC officials had accepted a bid of $4.2 billion from “a group consisting of WME-IMG, the Dalian Wanda Group, The Kraft Group and Tencent Holdings.” However, UFC Vice President of Public Relations Dave Sholler said those reports are untrue.

“FloCombat.com’s report indicating that the UFC has been sold is false,” Sholler told MMAjunkie. “We’ve communicated that to our staff members tonight via an internal memo.”

MMAjunkie obtained the email sent to all UFC employees denying the legitimacy of the FloCombat.com report and signed by UFC co-owner and CEO Lorenzo Fertitta.

“A report today by FloCombat.com indicating that the company has been sold is false,” the email read. “This follows other false speculation in the press recently.

“Such misrepresentation of facts in the media negatively impacts our business, staff members and athletes. We have instructed our attorneys to investigate and take all appropriate legal actions against the parties publishing and contributing to these false stories.

“With International Fight Week and the historic UFC 200 rapidly approaching, we look forward to once again delivering a series of events that our fans won’t soon forget. We appreciate your hard work, diligence and commitment, and thank you for your focus as we continue to take the sport to new heights.”

FloCombat.com’s report indicated that as part of the deal, UFC President Dana White would remain in place, while Fertitta would depart the promotion after the transaction was complete.

White wasn’t immediately available for comment.

Fertitta and his brother, Frank Fertitta III, purchased the UFC for $2 million in 2001 from Semaphore Entertainment Group. While rumors of an impending sale have circulated for several months, nothing has been confirmed on-record, and UFC officials have thus far denied that such a deal is in place.

ESPN in May first reported that UFC executives were in “advanced talks to sell the promotion.”

For more on the UFC’s upcoming schedule, check out the UFC Rumors section of the site.