Acquiring Company
Bob Iger and Josh Kushner
Acquired Company
Los Angeles Lakers
BurbankAtlantaMedia And EntertainmentSportsDescription
Mark Walter's holding company, TWG Global, recently sold the Los Angeles Lakers to Bob Iger and Josh Kushner for $12.5 billion. This sale follows Walter's acquisition of a majority stake from the Buss family. The transaction is occurring amidst a federal investigation into Walter and TWG Global regarding possible financial impropriety. Despite these challenges, TWG Global asserts the legitimacy of the sale.
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Based on deal dataFrequently asked
Who acquired Los Angeles Lakers?
Los Angeles Lakers was acquired by Bob Iger and Josh Kushner, based in Burbank. The deal was reported on August 26, 2026. Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership. Josh Kushner is a businessman and investor, recognized for his ventures in technology and healthcare. Bob Iger and Josh Kushner is privately held and operates in Media And Entertainment.
When did Bob Iger and Josh Kushner acquire Los Angeles Lakers?
Bob Iger and Josh Kushner's acquisition of Los Angeles Lakers was reported on August 26, 2026. Mark Walter's holding company, TWG Global, recently sold the Los Angeles Lakers to Bob Iger and Josh Kushner for $12.5 billion. This sale follows Walter's acquisition of a majority stake from the Buss family. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Los Angeles Lakers do?
The Los Angeles Lakers are a professional basketball team based in Los Angeles. They are one of the most successful teams in NBA history, with a rich legacy and numerous championships. It is privately held, operating in Sports, and is based in Atlanta.
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