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Friday, May 31, 2013

Kings' Sale for NBA-Record $534 Million Is Made to Ranadive

The sale of the Sacramento Kings to a group led by Tibco Software Inc. founder Vivek Ranadive was completed for a National Basketball Association-record $534 million, ending the 14-year ownership of the Maloof family.

http://mobile.bloomberg.com/news/2013-05-31/kings-sale-for-nba-record-534-million-is-completed-to-ranadive.html?

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