NEW YORK The Russian Connection

Phillips, Ted
September 2009
Bond Buyer;9/28/2009, Vol. 369 Issue 33190, p9
Trade Publication
The article offers news briefs related to business enterprises in the U.S. in 2009. Forest City Ratner Cos. revealed that a Russian firm would make a 200 million U.S. dollars investment in the Nets basketball team and Atlantic Yards project. Onexim Group planned to purchase an 80% stake in the Nets franchise of the National Basketball Association. The Empire State Development Corp. planned to issue a tax-exempt bonds of 700 million U.S. dollars to fund an arena on the 22-acre site.


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