“The families are targeting a closing of the transaction by year-end, subject to the satisfaction of customary closing conditions and approval of the NBA Board of Governors,” said a statement released by the Adelson and Dumont families.
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According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
Shaquille O’Neal, who has won more NBA championships (four) than drivers he can name in the F1 series (one, Lewis Hamilton) said he wants to invest in a team in Vegas.
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