Hill Said to Offer $1.2B for Clippers; Ballmer Bids

Hill Said to Offer $1.2B for Clippers; Ballmer Bids Play

May 29 (Bloomberg) -- A group including Ares Management Chairman Tony Ressler, Oaktree Capital’s Bruce Karsh and former All-Star player Grant Hill bid $1.2 billion for the Los Angeles Clippers and Former Microsoft Corp. Chief Executive Officer Steve Ballmer also made a “strong bid” for the National Basketball Association team, a person with direct knowledge of the process said. Betty Liu reports on “Movers & Shakers” on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

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