Posts Tagged By LINDA DEUTSCH

It’s all over but the arguing in Sterling trial

In this June 15, 2009, file photo, Richard Parsons, then Chairman of Citigroup, speaks at Time Warner's headquarters in New York. Parsons, the interim CEO of the Los Angeles Clippers, is is expected to be called as a witness Tuesday, July 22, 2014, to support Shelly Sterling's bid to sell the NBA basketball team for $2 billion to former Microsoft CEO Steve Ballmer. (AP Photo/Mark Lennihan, File)

LOS ANGELES (AP) — Only final arguments and a ruling remain in the trial to determine whether Donald Sterling’s estranged wife can sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer for $2 billion.

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Clippers CEO and Shelly Sterling to testify

In this June 15, 2009, file photo, Richard Parsons, then Chairman of Citigroup, speaks at Time Warner's headquarters in New York. Parsons, the interim CEO of the Los Angeles Clippers, is is expected to be called as a witness Tuesday, July 22, 2014, to support Shelly Sterling's bid to sell the NBA basketball team for $2 billion to former Microsoft CEO Steve Ballmer. (AP Photo/Mark Lennihan, File)

LOS ANGELES (AP) — The interim CEO of the Los Angeles Clippers testified Tuesday that coach Doc Rivers told him he will quit if Donald Sterling remains the owner of the team.

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Clippers’ future on line as probate trial resumes

In this Dec. 19, 2011 file photo, Los Angeles Clippers owner Donald Sterling watches the Clippers play the Los Angeles Lakers during an NBA preseason basketball game in Los Angeles. The future of the Clippers is closer to decision as testimony resumes Monday, July 21, 2014,  in a probate trial over whether a deal negotiated by Donald Sterling's estranged wife to sell the team for $2 billion is authorized under a Sterling family trust.  (AP Photo/Danny Moloshok, File)

LOS ANGELES (AP) — The chief financial officer of Donald Sterling’s properties said Monday that the billionaire may be forced to sell a large portion of his real estate empire to cover $500 million in loans if he persists in refusing to sell the Los Angeles Clippers for $2 billion.

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