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Zero Hedge 08/16/2019 06:40
Alibaba Executive Chairman Joe Tsai is reportedly planning to pay $3.5 billion to buy out Mikhail Prokhorov's stake in the Brooklyn Nets and the Barclays Center, swapping ownership of the NYC franchise just after it acquired two superstar players who have greatly improved the team's prospects for the upcoming season. According to , the deal to buy the sports franchise could be announced as soon as Friday.

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