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September 01, 2020 10:18am
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Marc Lore, Alex Rodriguez exercise option for bigger stake in Timberwolves, draw new investors

The pair now have until March 15 to close on a second 20% stake in the team, according to a media report. That would bring them to owning roughly 40% of the team, with plans to acquire an additional 40% over the next year or so.
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