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Atlanta Hawks Sold to Tony Ressler and Grant Hill

 
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Genero36



Joined: 24 Apr 2005
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PostPosted: 04/23/15 9:17 am    ::: Atlanta Hawks Sold to Tony Ressler and Grant Hill Reply Reply with quote


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The bidding was down to two groups a few weeks back, and now it appears as though a deal has been finalized.

Private equity billionaire Antony Ressler is leading a group that is finalizing a deal to purchase the Atlanta Hawks, league sources told Yahoo Sports.

Ressler’s group will purchase the team from majority owner Bruce Levenson for a figure somewhere between $750 million and $900 million, sources told Yahoo Sports.

Former NBA All-Star Grant Hill and Atlanta entrepreneur Jesse Itzler will be investors in the group, sources said.


http://probasketballtalk.nbcsports.com/2015/04/22/report-investment-group-which-includes-grant-hill-finalizing-deal-to-buy-atlanta-hawks/


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