The Conversation
International · 42 mins ago
Legal wrangling over $12.5B Lakers sale shows how family trusts don’t guarantee a business stays in the family
Jeanie Buss is fighting with her siblings over whether to sell their shared stake in the Los Angeles Lakers. Axelle/Bauer-Griffin/FilmMagic via Getty Images
The Buss family’s 47-year ownership of the Los Angeles Lakers, 17-time NBA champions, could soon come to an end despite their patriarch’s clear wishes before he died. A group of investors that includes former Disney CEO Bob Iger and Joshua Kushner – the brother of Jared Kushner, President Donald Trump’s son-in-law – wants to buy the…
Do you trust The Conversation?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!