Ishbia Pays Ballmer-Style Revenue Multiple for Phoenix Suns

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Billionaire Mat Ishbia reached an agreement this week to buy a majority stake in the Phoenix Suns at a $4 billion valuation, a deal that put him in a league with Los Angeles Clippers owner Steve Ballmer—in more ways than one. Not only did the price top the previous record of $3.3 billion that Joe […]
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