A Dallas auto dealer who lost his bid to buy the Atlanta Hawks and Atlanta Thrashers sued the struggling franchises' former parent company, Time Warner Inc., and accused the media conglomerate of reneging on the deal.
David McDavid also alleges in the lawsuit in Fulton County Superior Court that Time Warner and subsidiary Turner Broadcasting System Inc. revealed his confidential business plans to a competing group of investors who ultimately bought basketball's Hawks and hockey's Thrashers for $250 million.
$281 million.
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