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P. Diddy spends $40mil on new build

Sean Combs — aka P. Diddy or Puff Daddy has spent forty million for a newly built mansion on one of L.A.’s premier residential streets in the Holmby Hills. The deal went down quietly and off-market in early August for, according to property records, $39 million.. http://goo.gl/ngCle2 #EntertainmentBiz

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