1 Day
Source:
Los Angeles Times
_1777370193195_831968492.png&w=48&q=75){kind=small}
Impact on Dodgers owner Mark Walter
Mark Walter, owner of the Los Angeles Lakers and Dodgers, sold the Lakers for $12.5 billion amid federal investigations into his insurance businesses. Two Delaware life insurers controlled by Walter restated $21 billion in loans as related-party transactions, which are now under criminal and SEC probes. The sale to Bob Iger and Joshua Kushner occurs amid uncertainties about whether the ongoing investigations will be affected, as neither Walter nor his companies have been charged with any crimes.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)