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Top Rank wins IBF purse bid

Arum will promote Cruz-Salido

A purse bid was held in the IBF Office today for the IBF featherweight championship mandatory defense between champion Cristobal Cruz and Orlando Salido. Top Rank was the winning bidder with a bid of $ 251,000. Banner Promotions bid $ 250,000. The fight must take place in 90 days.

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