SShortSingh.
TopTechnologyAI & MLStartupsProgrammingScienceBusinessFinanceCrypto & Web3World
Back to feed
India

Bob Iger and Josh Kushner Buy LA Lakers for Record $12.5 Billion

0
·10 views

Former Disney CEO Bob Iger and Thrive Capital founder Josh Kushner have agreed to acquire the Los Angeles Lakers from Mark Walter for a record $12.5 billion. The deal comes just 14 months after Walter bought the franchise at a $10 billion valuation. The sale is reportedly linked to federal scrutiny surrounding Walter's business interests. Iger and Kushner bring backgrounds in entertainment and venture capital to one of the NBA's most storied franchises. The transition marks the Lakers' second ownership change in little over a year, leaving players including Luka Dončić awaiting details on the road ahead.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

Delhi air pollution spikes to worst levels in five years on Diwali

Air quality in Delhi reportedly deteriorated sharply around Diwali, reaching its worst level in five years. The article notes that several air monitoring stations did not provide AQI data, which limits the completeness of the picture. Firecracker use during the festival is typically linked to such spikes in pollution. The reporting highlights both the severity of the air quality dip and gaps in the city's monitoring coverage. Further details beyond the headline and monitoring gap were not available in the provided text.

0 comments Read more at Times of India
0
IndiaTimes of India ·

Kerala Government Follows Karnataka in Ethanol Testing Move

The Congress-led Kerala government has reportedly adopted a measure similar to one introduced by Karnataka concerning ethanol testing. The article's excerpt also carries a statement from a Union Minister warning that those creating controversies for political purposes will face consequences. The provided text is limited, so specifics on the ethanol testing rules, their rationale, and their timeline are not available. Further details on the policy and the reaction to the Union Minister's remarks would be needed to complete the report.

0 comments Read more at Times of India