Leon, Michael, Nolan, and O'Neill join together to buy a professional basketball franchise. Their selected form of business organization is an investment group, which is also known as

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When individuals join together to buy a professional basketball franchise as an investment group, this form of business organization is commonly referred to as a syndicate. A syndicate is a temporary alliance of financial services entities formed to handle a large transaction that would be hard or impossible for the entities to handle individually.

Leon, Michael, Nolan, and O'Neill Join Together to Buy a Professional