Top Rank's CEO Bob Arum has advised BoxingScene.com that a deal is close to being finalized for a December 3 rematch between Miguel Cotto and Antonio Margarito. The fight will either take place in Las Vegas or New York's Madison Square Garden. Arum met with Margarito on Thursday in Los Angeles and finalized his portion of the deal. The veteran promoter expects to finalize Cotto's side of the deal next week.
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