Acquiring Company
Bob Iger Group
Acquired Company
Los Angeles Lakers
Description
The Bob Iger group is set to acquire the Los Angeles Lakers from the Buss family, with a reported valuation of $12.5 billion. While Jeanie Buss opposes the sale of the family's stake, the transaction is expected to proceed under the agreement made by the current owner, Mark Walter. This marks a significant shift in ownership for the iconic NBA franchise after decades of Buss family control.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Los Angeles Lakers?
Los Angeles Lakers was acquired by Bob Iger Group, based in Los Angeles. The deal was reported on August 17, 2026. Bob Iger is a renowned media executive known for his leadership at The Walt Disney Company. He has played a significant role in various high-profile acquisitions, shaping the landscape of the entertainment industry. Bob Iger Group is privately held.
When did Bob Iger Group acquire Los Angeles Lakers?
Bob Iger Group's acquisition of Los Angeles Lakers was reported on August 17, 2026. The Bob Iger group is set to acquire the Los Angeles Lakers from the Buss family, with a reported valuation of $12.5 billion. 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.