The family that owns the Detroit Pistons has extended by two weeks its exclusive talks to sell the basketball team to Los Angeles-based billionaire Tom Gores. "The parties are continuing to work in a cooperative manner and have agreed to a new 14-day exclusivity period," Karen Davidson, the primary owner of the franchise, said in a one sentence e-mailed statement. Gores and Davidson agreed last month that he would be the preferred bidder for the team with an exclusive 30-day window to clinch a deal for the Pistons. A spokesman for Platinum Equity, the private equity firm founded by Gores, declined to comment on the talks.
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