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Full statement on Dodgers sale

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The Dodgers and Major League Baseball issued a joint statement late Tuesday, confirming that owner Frank McCourt has agreed to sell the team. The statement follows:

The Los Angeles Dodgers and Major League Baseball announced that they have agreed today to a court supervised process to sell the team and its attendant media rights in a manner designed to realize maximum value for the Dodgers and their owner, Frank McCourt. The Blackstone Group LP will manage the sale process.’

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