Less than one week after Mark Walter shockingly sold the Los Angeles Lakers to Bob Iger and Josh Kushner, the Buss family is now relinquishing its own shares to the new majority owners.
At least, most of the Buss family wish to do so.
Earlier on Monday, ESPN reported the Buss family decided to sell the remaining 17.8% ownership stake in the iconic NBA franchise to Kushner and Iger.
The family’s trust, which includes siblings Jeanie, Jim, Johnny, Janie, Joey and Jesse, “received majority votes to allow trustees to execute the sale.” The vote required four of six to agree to sell to “enact the tag-along provision of Mark Walter’s sale to Kushner…
Read the full article at FOXBUSINESS.COM


