Comcast Spectacor Reaches Deal To Sell 76ers
PHILADELPHIA (AP) -- The Philadelphia 76ers have been sold to New York-based leveraged buyout specialist Joshua Harris, ending Comcast-Spectacor’s 15-year run of ownership that included a trip to the NBA finals.
The tentative deal, which does not include ownership of their building, the Wells Fargo Center, must be approved by the NBA. Terms were not disclosed, but the deal Wednesday comes with the league in the midst of a lockout. The start of the 2011-12 season in October is in jeopardy.
For full story go to: http://philadelphia.cbslocal.com/
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