Xiaomi co-founder Lin Bin buys 1% of the Miami Dolphins at a record valuation

MIAMI GARDENS, Fla. (AP) — Lin Bin, the co-founder and vice chairman of Xiaomi, is buying a 1% stake in the Miami Dolphins along with other assets belonging to owner Stephen Ross at a record valuation of $12.5 billion, the team announced Tuesday. The minority, non-controlling interest sale was appr...

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