Memphis Grizzlies bought by Ubiquiti Networks Founder and CEO Robert J. Pera
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Ubiquiti Networks Founder and CEO Robert J. Pera agree last Monday to buy the controlling stake of Memphis Grizzlies from current owner Michael Heisley. ESPN reports that the purchase is estimated to be in the $350 million range and that Heisley already received an eight-figure deposit from Pera to get things going. Continue Reading...