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Memphis Grizzlies Sold to Billionaire Robert Pera

After two consecutive trips to the playoffs and a return to respectability in the Western Conference, Michael Heisley has at last found a buyer to purchase the Memphis Grizzlies. The Grizzlies, confirming an earlier ESPN.com report, announced Monday that Heisley has entered into a sale agreement with Robert J. Pera, founder and CEO of the [...]