Former Microsoft chief executive Steve Ballmer appears to have won - TopicsExpress

Former Microsoft chief executive Steve Ballmer appears to have won a frenetic bidding war for ownership of the Los Angeles Clippers, with a $2-billion offer that would set a record price for an NBA team. ... Ballmer and the Clippers owners, Donald and Shelly Sterling, had not finalized a deal by late Thursday afternoon. ... The deal also needs the eventual approval of three-fourths of the 29 other NBA owners, but is expected to clear that hurdle as long as Ballmer reaffirms his pledge to keep the team in Los Angeles and not move it to home in Seattle. Update: Shelly Sterling reached an agreement Thursday night to sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer for $2 billion in what would be a record deal if approved by the NBA, according to an individual with knowledge of the negotiations: nba/2014/news/05/29/clippers-bids.ap/

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