Billionaire Julia Koch buys share of Nets, Liberty

(Photo credit: Vincent Carchietta-USA TODAY Sports)

New York billionaire Julia Koch and her children are purchasing a minority stake in BSE Global, which owns the Brooklyn Nets of the NBA, the New York Liberty of the WNBA and Barclays Center in Brooklyn.

BSE Global announced the pending transaction but did not disclose financial terms. The NBA Board of Governors must approve the deal.

Sportico reported the Kochs will bu