“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.
Local Las Vegas
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Strip attractions are slowly returning to normal from the Formula One race with trees returning to the Bellagio and a promise that gondoliers will be back in front of The Venetian by early December.
According to the SEC filing, Dr. Miriam Adelson is buying a majority interest in the NBA team, which is owned by billionaire Mark Cuban.
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