Buss family sells remaining Lakers stake to group led by Kushner and Eiger
DIS Walt Disney Co
$103.50 -3.14%
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- 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.
- 2The joint sale was completed with the support of four of the six siblings, and the franchise was valued at $12.5 billion.
- 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.
This 3-line summary is compiled from the report below.
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