Developer Forest City Ratner Cos. announced last week that a Russian firm would invest $200 million in the Nets basketball team and Atlantic Yards project in Brooklyn. The transaction could be completed in the first quarter of 2010.

Onexim Group, a private investment fund headed by billionaire Mikhail Prokhorov, plans to buy an 80% stake in the National Basketball Association’s Nets franchise, which is now owned by Forest City, according to a news release.

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