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Montiel-Morel update

On June 4th, the WBO sent a letter to representatives of WBO bantamweight champion Fernando Montiel and WBO interim bantamweight champion giving them five days to reach an agreement. If an accord is not reached by tomorrow at 2PM ET, a purse bid will take place on Friday in New York City. Minimum bid $100,000. The bout is slated for Top Rank’s big June 29 pay-per-view show in San Antonio.

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