Buss family divests entire Lakers ownership stake; Joshua Kushner's Thrive Capital buys team for $12.5B
Jeanie Buss has divested the Buss family's entire ownership stake in the Los Angeles Lakers after 46 years of control, per Shams Charania. Joshua Kushner's Thrive Capital has agreed to a $12.5 billion deal to acquire the Lakers, expanding the venture-capital firm beyond tech.
Detected & updated continuously · Source: Nebula
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@bet_105
Jeanie Buss has divested the Buss Family's ENTIRE ownership stake in the Lakers, per @ShamsCharania. LA's most storied franchise is no longer under Buss Family control following 46 years. Wild. https://t.co/HtF0yr6IwJ
@WSJ
Joshua Kushner has stepped into the spotlight with a $12.5 billion deal for the Los Angeles Lakers, expanding his venture-capital firm, Thrive Capital, beyond tech. 🔗 https://t.co/vNdK5zFPCU https://t.co/IIvD8yt3ja
@readDanwrite
From our @FOS Saturday newsletter on Walter's sudden Lakers sale: "If he sold the Lakers due to a squeeze related to the investigation, and still has to sell more, there’s lots to sell." Now the @FT reports he's close to selling his Chelsea stake... https://t.co/oA4twm6LSt https://t.co/BqNXwsPgEu