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Volume 24 No. 219
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Joe Tsai's Deal To Buy 49% Of Nets From Prokhorov Becomes Official

Alibaba co-Founder Joe Tsai has "finally completed his long-pending purchase" of 49% of the Nets from Mikhail Prokhorov, along with the "right to buy controlling interest in the team within three years," according to Brian Lewis of the N.Y. POST. A source said that the deal values the Nets at $2.35...
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