Steve Ballmer’s $2 billion bid for the LA Clippers blocked

Ex-Microsoft CEO Steve Ballmer’s $ 2 billion attempt to buy the LA Clippers has hit a roadblock, as the team’s current owner, Donald Sterling, announced on Monday he has retracted his support for the deal. Ballmer had negotiated the $ 2 billion deal in May with Sterling’s wife Shelly, who was thought to have had full authority to make the sale in her position as co-owner of the team. But without her husband’s signature, the sale can’t be finalized.

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