Slam dunk: Real estate scion Josh Kushner, Hollywood big Bob Iger to buy LA Lakers
They shoot, they score. Venture capitalist Josh Kushner and former Disney CEO Bob Iger are teaming up to buy the Los Angeles Lakers, ESPN reported. The duo is acquiring the basketball team for a record-breaking price of $12.5 billion. Kushner and Iger made the offer to buy the Lakers from TWG Global CEO Mark Walter, who became an owner last year after buying a controlling interest from the Buss family. That deal was also a record at the time, valuing the franchise at roughly $10 billion. Walter isn’t leaving the sports world entirely. The businessman, along with TWG Global, have […]This article originally appeared on The Real Deal. Click here to read the full story.
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