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The El Paso

Marc Stad buying controlling stake in Minnesota Timberwolves, Lynx for $4.5 billion

By Alicia Wallace, David Goldman, CNN (CNN) — Tech investor Marc Stad is acquiring a controlling interest in the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx in a deal valued at $4.5 billion, sources close to the agreement told CNN on Friday. It marks the second multibillion-dollar...

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