Software billionaire Vivek Ranadive came to an agreement to purchase 65 percent of the Sacramento Kings from the Maloof family for approximately $348 million. The Kings' total valuation in the sale is $535 million, an NBA record.
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Sources: Sacramento group, Maloofs agree
Software billionaire Vivek Ranadive came to an agreement to purchase 65 percent of the Sacramento Kings from the Maloof family for approximately $348 million. The Kings' total valuation in the sale is $535 million, an NBA record.
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