Five bidders have lined up for the 2 new IPL teams for the IPL edition 4 which will be played in 2011. On Sunday morning the bids will be opened & the results will be announced by afternoon. Sources have confirmed 4 bidders (Videocon, Sahara India, the Adani Group and a Pune consortium of Cyrus Poonawala and Ajay Shirke), the fifth one is not yet confirmed, but the it is believed that it would be Jaypee Group.
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