Lakers Owner Mark Walter Seeks Funds Amid DOJ Probe into Insurer Loans

Billionaire Mark Walter, co-owner of the Los Angeles Lakers, is reportedly in talks with investors to raise money to pay down loans on his insurers' books, which have attracted scrutiny from the Justice Department.

12 Aug, 16:59 — 12 Aug, 16:59

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bloombergHigh12d ago

Lakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe

Billionaire Mark Walter’s firm is in talks with investors to raise money to help pay down loans on the books of its insurers that had drawn scrutiny from the Justice Department, according to people familiar with the matter.

By Sridhar Natarajan and Katherine Burton

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Lakers Owner Mark Walter Seeks Funds Amid DOJ Probe into Insurer Loans

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Lakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe

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