TWG Global Defends Lakers Sale as 25% Premium Sparks Questions
TL;DR
TWG Global says the Los Angeles Lakers sale to Josh Kushner and Bob Iger for $12.5 billion represents a 25% premium over Walter's last year price and higher than the 2021 valuation, arguing it is not a fire sale; ongoing investigations into Walter's holdings keep scrutiny on the move as the Buss siblings join the San Diego Padres ownership group.
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- Mark Walter’s Financial Troubles Could Have Major Implications on MLB’s Future Sports Illustrated
- Mark Walter's TWG is working with regulators, says 'no fraud' Reuters
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