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BC-BKN--Kings Sale,1st Ld-Writethru, BKN

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The sale of the Sacramento Kings is finally complete. The Maloof family announced Friday that the agreement to sell the Kings and Sleep Train Arena to a group led by TIBCO Software chairman Vivek Ranadive is done. Ranadive's group acquired a 65 percent controlling interest in the team at a total franchise valuation of more than $534 million, topping the NBA record of $450 million that Joe Lacob...

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