Kushner and Iger to acquire Lakers for $12 billion

1. 1Venture investor Josh Kushner and former Disney CEO Bob Iger are acquiring the Los Angeles Lakers for a record $12 billion
2. 2The two reversed course during the Las Vegas expansion process and made an aggressive buyout offer to Mark Walter, who bought a controlling stake last year at a valuation of roughly $10 billion
3. 3The $12 billion acquisition price means the Lakers' value has risen by at least 20% in under a year

Source Zero Hedge +1 · View original ↗

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