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All Star
Join Date: Jun 2006
Location: Catalonia
Posts: 2,503
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Houston Chronicle - Christian Laettner and his former Duke teammate Brian Davis headline an investment group that has reached agreenment that has reached an agreement to buy 70 percent of the Memphis Grizzlies .
Michael Heisley announced Monday that he agreed to sell his majority share to the group. Davis said at a news conference that the sale was worth about $360 million, and he and Laettner are putting a total of $40 million of their own money into the project. |
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