Ex-Microsoft CEO Ballmer’s $2 Billion bid wins L.A. Clippers

vendredi 30 mai 2014

FILE - This file photo taken Nov. 19, 2013, shows then Microsoft CEO Steve Ballmer during the company's annual shareholders meeting in Bellevue, Wash. An individual with knowledge of negotiations to sell the Los Angeles Clippers said Shelly Sterling has reached an agreement to sell the team to Ballmer for $2 billion. The individual, who wasn’t authorized to speak publicly, told The Associated Press on Thursday, May 29, 2014, that Ballmer and the Sterling Family Trust now have a binding agreement. The deal now must be presented to the NBA. Ballmer beat out bids by Guggenheim Partners and a group including former NBA All-Star Grant Hill. (AP Photo/Elaine Thompson, File) Donald Sterling's approval wasn't needed as his wife completed the $2 billion sale of the Los Angeles Clippers to former Microsoft Corp. (MSFT) Chief Executive Officer Steve Ballmer. Shelly Sterling signed a binding contract for the sale of the Clippers to Ballmer, according to a PR Newswire statement today. She was acting under her authority as the sole trustee of The Sterling Family Trust, which owns the Clippers. The sale was agreed upon five days before a vote by National Basketball Association team owners on whether to force a franchise sale.








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Publié par style à 04:04
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