After buying their shares, Ishbia stands to increase …

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Now, Ishbia is in position to buy them out, which would remove the final two members of the ownership group who were holdovers from the previous Suns regime under Robert Sarver. After buying their shares, Ishbia stands to increase his majority ownership stake to about 96%. A representative for Ishbia declined to comment. A source familiar with the matter said that Ishbia was in extensive conversations with Seldin and Kohlberg about buying out their shares prior to the litigation and that it was always his goal to buy out the limited partners.

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