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Ex-Microsoft CEO set to buy NBA's LA Clippers for $2b

شعار Reuters Reuters 30/05/2014
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Former Microsoft Corp chief executive Steve Ballmer has won the bidding for the NBA's Los Angeles Clippers franchise with a $US2 billion offer, a source with knowledge of the bidding said today.

Ballmer outbid two groups, one led by media mogul David Geffen that offered $US1.6 billion and another from Los Angeles investors who bid $US1.2 billion.

An official representing Ballmer had no immediate comment.

The Clippers came up for sale after the NBA banned owner Donald Sterling for life because of racist remarks he made in a recorded conversation that was leaked last month to TMZ.com.

Sterling, who has vowed to fight the NBA's punishment, would have to approve the sale, as would league owners.

* Microsoft publishes the Bing Daily News and Finance apps

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