YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Mark Walter, CEO and co-founder of Guggenheim Partners, has inked a deal to buy a majority stake in the Los Angeles Lakers.
The deal with the Buss family values the team at $10 billion, people familiar with the matter told CNBC.
Walter is increasing his stake in the team, in which he's had an interest since 2021. The Buss family bought the basketball franchise in 1979 for $67.5 million.
Read more from CNBC.
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