The Los Angeles Lakers are being sold to American businessman Josh Kushner and Bob Iger for a record breaking price over $12 billion, multiple sources told ESPN.
Kushner and Iger were involved in the expansion process in Las Vegas, but a stunning turn, they pivoted to make an aggressive offer to buy the Lakers from Mark Walter, who had purchased a controlling interest in the team from the Buss family last year.
Procter & Gamble is buying supplement brand Thorne for $3.8 billion, CEO Shailesh Jejurikar said on CNBC’s “Squawk on the Street.”
The acquisition, which is set to be announced Tuesday, is a bid for P&G to grow its health and wellness division. The consumer goods giant already owns several other supplements brands, like Metamucil, Align Probiotic and New Chapter vitamins, which are housed within a broader healthcare division that includes Oral-B and Vicks.
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2027 WR Trey Dean @TreyDean29 had himself a night 4 receptions 150 yards & 2 TDs in Friday’s scrimmage game vs. Callaway HS. Coaches check this electrifying speedster out. #RecruitTroup@RecruitGeorgia
Situational Awareness, the $20bn hedge fund founded by former OpenAI employee Leopold Aschenbrenner, has sought to raise fresh capital from investors after suffering heavy losses during the recent rout in AI stocks https://t.co/V4m0HnUoEG
Eagles signing DT Jalen Carter to four-year, $152 million extension, including $106 million guaranteed, that makes him the highest-paid DT in NFL history. (via @AdamSchefter)