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Mark Cuban and sports insiders to invest in major American teams

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Summary
Nutrition label

85% Informative

Mark Cuban , Steve Cannon and Rashaun Williams are launching a $750 million private equity fund.

The Harbinger Sports Partners Fund will focus on acquiring stakes of as much as 5% .

It expects to invest $50 million to $150 million in each transaction.

Team valuations have boomed in recent years with institutional funds making more investments.

VR Score

84

Informative language

82

Neutral language

65

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

7

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