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Springfield, MO
Former NBA player Junior Bridgeman is planning to buy a stake in the Milwaukee Bucks, sources familiar with the matter told CNBC.
The sources said Bridgeman is set to buy a 10% stake that values the basketball team at $4 billion.
Bridgeman, who owns Ebony and Jet magazines, played for the Bucks from 1975 to 1984.
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