A group of minority investors accounting for just over 10% of the ownership of the NBA’s Golden State Warriors are looking to sell their stake and a potential valuation of $7B has been discussed, “though one person said there has been push back from investors over such a high figure,” according to Bloomberg’s Giles Turner and Randall Williams, citing people familiar with the matter. Talks are ongoing and the plans could change, the sources indicated. MSG Sports (MSGS) is the owner of the NBA’s Knicks and NHL’s Rangers and Liberty Braves Group (BATRA) owns the MLB’s Atlanta Braves.
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