03/28/2008 02:46 am ET Updated May 25, 2011

Steve Ballmer Looking To Buy The Seattle Sonics

Microsoft CEO Steve Ballmer heads a group investors wanting to buy the Seattle SuperSonics and renovate KeyArena to keep the team in the city, the Seattle Times reported Thursday.

Ballmer and Deutsche Telekom chief John Stanton are joining Costco CEO Jim Sinegal and Seattle developer Matt Griffin in the latest effort to keep the Sonics in Seattle.

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