Hawks owners selling team, reports say
ATLANTA -- The Atlanta Hawks and Philips Arena will be sold to California developer and pizza chain owner Alex Meruelo, but the NBA team will remain in Atlanta, a person familiar with the deal said Sunday.
The person spoke on condition of anonymity to The Associated Press because no official announcement has been made. The deal, subject to the approval of the NBA, is to be announced on Monday.
Meruelo confirmed the deal to The Atlanta Journal-Constitution, saying "I'm a person who ...
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