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Ballpark financing issue may kill deal

Updated: December 15, 2004, 9:02 PM ET
Associated Press

NEW YORK -- Washington's new baseball team shut down business and promotional operations indefinitely Wednesday as its move to the nation's capital teetered on the brink of collapse.

The decision by Major League Baseball followed the District of Columbia Council's decision Tuesday night to require private financing for at least half the cost of building a new stadium. The September agreement to move the Montreal Expos to Washington called for a ballpark fully financed by government money.

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