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March 28, 2006

RATNER: I WANT A QUARTER BACK

Looking to sell 25 percent of Nets

The Brooklyn Papers
By Ariella Cohen

Bruce Ratner is trying to raise $60 million to keep the NJ Nets afloat now that the team "expected to remain in its New Jersey moneypit until the 2009-10 season or longer."

Here's a brilliant yarn spun by Ratner's crack PR team:

A spokesperson for Forest City Ratner told the Star-Ledger that the company was “looking to raise new equity to increase liquidity."

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BOOYAH!

Posted by lumi at March 28, 2006 5:45 AM