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October 18, 2009
Russian billionaire Mikhail Prokhorov coming to New York to finalize purchase of New Jersey Nets
Daily News
By Aleksandra Klassen and Erin Durkin
This news story quickly devolves into speculation as to where Mikhail Prokhorov will spend his leisure time during his upcoming visit. This kind of reporting plays along with the "done deal" view promoted for so long by developer Bruce Ratner. Perhaps later News coverage will address Prokhorov's possible deal more substantively.
Brighton Beach is buzzing as Russian billionaire Mikhail Prokhorov prepares for his first visit to New York since signing a deal to buy the NBA's New Jersey Nets.
Prokhorov, 44, will sweep into town this week to meet with Forest City Ratner and NBA officials as he finalizes a deal to pay $200 million for 80% of the Nets and 45% of developer Bruce Ratner's planned Brooklyn arena, where he wants to move the team.
Brooklyn Russians had plenty of tips for spots their motherland's richest man - who's worth some $9.5 billion - might want to check out while he's in town.
Posted by steve at October 18, 2009 9:08 AM