Sept. 3 (Bloomberg) -- Steve Ballmer, CEO at Microsoft, talks with Tom Keene about Microsoft's $7.2 billion deal to purchase Nokia's mobile phone business and his expectations for the acquisition going forward. He speaks on Bloomberg Television's 'The Pulse.'
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Sept. 3 (Bloomberg) -- Steve Ballmer, CEO at Microsoft, talks with Tom Keene about Microsoft's $7.2 billion deal to purchase Nokia's mobile phone business and his expectations for the acquisition going forward. He speaks on Bloomberg Television's 'The Pulse.'
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Agreement to buy the Los Angeles Clippers for $2 billion from the Sterling family trust, a source familiar with the situation told CNN on Thursday night.
A second source, who was familiar with the negotiations, confirmed the terms to CNN.
The sale, negotiated by Shelly Sterling -- co-owner with estranged husband Donald Sterling -- will have to be approved at a NBA Board of Governors meeting. It was unclear whether a meeting set for Tuesday will go on, given Thursday's developments.
And the sale still may have to be approved by Donald Sterling, according to earlier comments by his attorney.
Maxwell Blecher told CNN earlier that his client would have to consent to a sale and wants to be vindicated by the NBA, which is in the process of terminating the Sterlings' ownership in the team for racist remarks Sterling made in an audio recording released online in April.
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Microsoft CEO Steve Ballmer speaks at a news conference in Espoo, Finland on September 3, 2013, on his company's plans to acquire Nokia's smartphone business.
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Former Microsoft CEO Steve Ballmer and Los Angeles Clippers point guard Chris Paul watch Game 6 of the Western Conference Final at the Staples Center.
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Former Microsoft chief executive Steve Ballmer apparently has emerged victorious in the battle to be the new owner of the Clippers, paying a whopping $2 billion for the team.
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The sale of the Clippers continued on its bizarre journey late Thursday night when representatives of co-owner Shelly Sterling sent out a media release that the Sterling family trust has agreed to sell the team to former Microsoft Chief Executive Steve Ballmer for $2 billion. Join us live to discuss the sale.
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Bloomberg) -- As former Microsoft CEO Steve Ballmer buys the Los Angeles Clippers for a record $2 billion, Bloomberg takes a look back at his memorable moments.
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The LA Times has reported that former Microsoft chief executive Steve Ballmer has won the bidding war over the Los Angeles Clippers with a bid of $2 billion.
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