Billionaire Mark Walter to acquire Lakers in historic $10B deal

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Source: New York Post
Billionaire Mark Walter to acquire Lakers in historic $10B deal
Photo: New York Post
TL;DR

Mark Walter, a billionaire CEO of Guggenheim Partners with a net worth of $12.5 billion, has agreed to purchase the Los Angeles Lakers for approximately $10 billion, in the largest sale of a U.S. sports franchise, expanding his extensive portfolio of sports team ownership and investments.

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