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Walton family to buy Broncos

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Members of the Walton family, heirs to the Walmart fortune, penned a deal to buy the Denver Broncos.

The Broncos announced an agreement with the Walton-Penner ownership group led by Rob Walton, his daughter, Carrie Walton Penner, and her husband, Greg Penner.

While the terms of the deal were undisclosed, media reports put the figure at nearly $4.7 billion.

Read more from The Associated Press.

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