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Posted: August 02, 2017

Beyoncé interested in buying share of Houston Rockets, report says

By Austin American-Statesman


Singer-songwriter Beyoncé is interested in buying a stake in the Houston Rocketsaccording to a Bloomberg report.

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The Houston native is mulling an investment in a franchise that owner Leslie Alexander announced last month that he was planning to sell. Alexander paid $85 million for the Rockets in 1993. Forbes valued the organization at $1.65 billion earlier this year.

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Beyoncé's representatives did not respond to a request for comment.

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