Philip Anschutz, founder of sports and entertainment giant AEG, has reached an agreement to sell his stake in the Los Angeles Lakers, according to multiple people familiar with the deal.The identity of the buyer couldn’t be ascertained.
The people were granted anonymity because the proposed sale hasn’t been approved by the NBA Board of Governors. The news was first reported June 25 by Variety‘s sibling sports news brand Sportico.AEG Chief Executive Officer Dan Beckerman in an interview said the proposed transaction “is part of some financial planning and redeployment of capital to other AEG projects and growth initiatives,” specifically mentioning venues, real estate, ticketing and live entertainment projects around the globe.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.