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Los Angeles Clippers Sold To Former Microsoft CEO Steve Ballmer

How Was The Team Sold? The deal comes after a tumultuous ‘bid war’ that pitted Ballmer against the Guggenheim Group (represented by David Geffen) and Los Angeles investors Tony Ressler and Steve Karsh. Ressler and Karsh bid $1.6 billion, while Geffen bid $1.2 billion. The amazing thing about this story is that back in January,…