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A Bloomberg report, citing two sources, said Russian
billionaire Mikhail Prokhorov has retained Evercore Partners to
sell the National Basketball Association team he bought in 2010
for $223 million.
"As we have said for many months, ownership is always open to
listening to offers – that’s just good business," Prokhorov
spokeswoman Ellen Pinchuk said in an email to Reuters.
"There is nothing imminent in terms of a sale of any stake in
the team."
Prokhorov, 49, the first foreign owner of an NBA team, holds 80
percent of the club and 45 percent of Barclays Center, its
2-1/2-year-old arena. The Nets lost a reported $144 million last
season.
(Reporting by Steve Ginsburg in Washington; Editing by Eric
Beech)
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