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TBS Abandons Appeal Of $281M Atlanta Teams Spat

By Erin Marie Daly ( August 31, 2010, 4:49 PM EDT) -- Turner Broadcasting System Inc. has laid down its sword in a long-running dispute with Texas businessman David McDavid over the sale of the Atlanta Hawks and Atlanta Thrashers, dropping its appeal of a judge's ruling that the media conglomerate should fork over $281 million for allegedly breaching an oral contract to sell McDavid the teams. . . .

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