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Friday, May 17, 2013

AP Source: Maloofs reach agreement to sell Kings

A person familiar with the deal says the Maloof family has reached an agreement with a Sacramento group headed by TIBCO software tycoon Vivek Ranadive to sell a 65 percent controlling interest in the Kings at a total franchise valuation of $535 million.

http://www.ledger-enquirer.com/2013/05/17/2506708/ap-source-maloofs-reach-agreement.html#storylink=rss

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