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Old 12-05-2006, 07:51 PM   #1 (permalink)
kfkorn
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Default Memphis Grizzlies Sale Update
Quote:
NEW YORK -- The proposed purchase of the Memphis Grizzlies by an investment group headed by former NBA player Brian Davis has yet to meet standards imposed by the league.

NBA president of league and basketball operations Joel Litvin said in a statement Tuesday that NBA officials had not received "sufficient information to conduct our review."
Grizzlies sale has yet to meet NBA's standards
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