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Ex-Microsoft CEO to Buy Los Angeles Clippers for $2B

The former chief of Microsoft Corp., Steve Ballmer, has agreed to purchase the National Basketball Association's Los Angeles Clippers for $2 billion, a record price for a professional basketball team.   The deal was announced Friday by Ballmer and Shelly Sterling, the wife of owner Donald Sterling, whom the NBA had banned over racist comments.   Shelly Sterling is the sole trustee of The Sterling Family Trust, which owns the club. In a statement, she said she was...

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