Chinese investors interested in the Cleveland Cavaliers
24 May 2009
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News has broken out that JianHua Huang and several of his partners are interesting in becoming minority stakeholders of the Cleveland Cavaliers.
JianHua has been known to link American and Chinese business to create greater synergies, and with the expansion of the NBA in China and the formation of the NBA China entity this is a move that is both supported by the NBA and a business development that has great opportunity.
Source: http://www.cleveland.com/cavs/index.ssf/2009/05/sources_chinese_investors_clos.html#more
[...] interested in acquiring a minority stake in the Cleveland Cavaliers. Heck, even I reported on the Chinese interest in the Cleveland Cavaliers on the 24th of [...]
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