UPDATE 1-Deal in works for sale of NBA's Atlanta Hawks -reports

April 22, 2015 11:12 PM

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ATLANTA, April 22 (Reuters) - The NBA's Atlanta Hawks are in the process of being sold for more than $700 million to a group led by businessman Antony Ressler, several media outlets reported on Wednesday.

Reports of the deal come after the team's majority owner, Bruce Levenson, put it up for sale after the release last year of a racially charged email he sent to team officials.

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