Seattle-based consortium to acquire a 65% stake in Sacramento Kings

A Seattle-based group of investors led by hedge fund manager Chris Hansen said that it had sealed a binding deal to take a 65% stake in Sacramento Kings Limited Partnership LP, the owner and operator of the Sacramento Kings professional […]

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Memphis Grizzlies

NBA clears acquisition of Memphis Grizzlies by Pera group

The National Basketball Association (NBA) said its governors board had given its unanimous support to the sale of the Memphis Grizzlies professional basketball franchise to a group of

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