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  1. Kings Arena Update: Kevin Johnson working with Ron Burkle’s right hand man

    Jun 17, 2011, 5:55 PM EDT

    anderson kj romani

    The Sacramento Kings arena saga took an interesting turn on Wednesday when it was announced that the Maloof family had given up majority ownership of the Palms Casino after a “recapitalization agreement” with their main creditors, TPG Capital and Leonard Green and Partners. The deal reduces the Maloof’s ownership from about 80 percent to 10-20…

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