Business & Economy · 24 views
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Less than a year after buying a controlling ownership stake in the NBA's Lakers , Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement.
Summary
Less than a year after buying a controlling ownership stake in the NBA's Lakers , Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement. The deal values the team at $12.5 billion, according to a person familiar with the matter, who asked not to be named because they were not authorized to speak publicly about the terms of the sale.
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