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How do large scale sales like buying a sports team work?
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I'm a Mets fan and they are currently in the process of selling the team. A friend and I were talking and the question came up of if they sell for 2 billion let's say how does that transaction take place? Does the new owner just cut a check? Is it like financing a car where they pay in installments? It's just such a higher level of finance that I can't wrap my head around.
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