Jump to content

Prokhorov may sell Nets shares


Dash
 Share

Recommended Posts

Mikhail Prokhorov's political bid is still considered a longshot, and Nets fans better hope it stays that way if they want any ownership presence. Even if he doesn't win the Russian presidential election in March - when Prokhorov plans to run against Vladimir Putin - the billionaire told Reuters this week that he would "sell my shares (of the Nets) to a blind trust' should he become prime minister or, as phrased by the reporter, "if (his) political career is hugely successful." Giving his shares to a blind trust doesn't mean Prokhorov would relinquish his investment, just that trustees would be given full discretion over the Nets' assets.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...