Prokhorov buys New Jersey Nets for 200 mln

12th May 2010, Comments 0 comments

The U.S. National Basketball Association has confirmed the purchase of the New Jersey Nets club by the Russian billionaire Mikhail Prokhorov for 200 million, the Bloomberg agency reports. The Nets has had a very disappointing season but that doesn’t seem to scare the businessman. ";I like cheap assets with problems.

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