Buss family sells remaining Lakers stake to group led by Kushner and Eiger

MSGS -1.63%

1. 1The Buss family has agreed to sell its remaining 17.8% stake in the LA Lakers to a group led by Josh Kushner and Bob Eiger.
2. 2The joint sale was completed with the support of four of the six siblings, and the franchise was valued at $12.5 billion.
3. 3Coming a week after the Walter sale, the deal lifts the Kushner-Eiger group's stake to roughly 83% and strips Jeanie Buss of the governor requirement.

Source Barrons.com +2 · View original ↗

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