No they will not be fighting each other.

The public has been highly anticipating Fedors next fight and it was said that he may be able to fight on New Years like he had for so many years for the Japanese fans. Than they said he couldnt, but now he can. It seems that M-1 the new MMA organization is going to work with former PRIDE peeps to put this new years eve show on. Is M-1 an orginzation or just a talent pool agency? Whatever at least Fedor is fighting even if it is Hong Man Choi that is 1-0 in MMA.

Then as of late Serra got his back hurt recently in training. So this with the UFC 79 only weeks aways has put Dana in a pickle to have a good event. Matt disclosed in his BLOG that he got to choose his opponent once Serra backed out. He choose George St. Pierre. Pierre accepted and will train for a few weeks to get back in fighting shape. I hope Pierre gives himself what he needs to prepare. Both of these fighters really want this third fight to determine who is better after each them have gained wins off each other, this being the third fight.

Fedor Source:
http://www.sherdog.com/news/news.asp?n_id=10062