Monday 21 January 2013

Seattle group signs deal for Sacramento basketball team

SEATTLE, Jan 21 (Reuters) - A Seattle-based investment group led by hedge fund manager Chris Hansen and Microsoft Corp Chief Executive Steve Ballmer has signed a binding agreement to buy a controlling interest in the Sacramento Kings basketball team, according to a statement on the group's website Monday.

Source: http://feeds.reuters.com/~r/reuters/technologysectorNews/~3/x1aHsrV3BMg/nba-kings-seattle-idUSL1N0AQ2Q720130121

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