Following the U.K. government bond selloff, the pound sank in value, losing more than 1% to trade at $1.36. U.K. government bonds, too, tumbled in price, sending the yield on 10-year gilts up 0.12 ...

Discover undervalued opportunities in small- and micro-cap stocks with strong balance sheets, growth prospects, and ...

The decision to sell a controlling stake in the Lakers marks the end of nearly a half-century when one of the most valuable ...

The Los Angeles Lakers topped their archrival the Boston Celtics with a record-setting $10 billion franchise price tag this ...

LOS ANGELES–Billionaire Mark Walter's purchase of a majority stake in the Los Angeles Lakers, in a deal that values the team at $10 billion, adds another glittering asset to his sports ...

In fact, an ESPN report indicated that Walter could help James with his stated goal of someday owning an NBA team. Via ESPN: "While James' decision is still pending, a source close to James suggested ...

On Monday, June 17, 2025, Mark Walter and his firm, Guggenheim Partners, agreed to acquire a major stake in the Los Angeles Lakers at a record $10 billion valuation, according to Front Office Sports.

The billionaire slated to take over the controlling interest in the Los Angeles Lakers has built a career leading businesses ...

In the mid-1990s, he co-founded Liberty Hampshire, an investment management firm in Chicago. That business became part of Guggenheim Partners, which Walter co-founded in the late 1990s.

FILE - Los Angeles Dodgers co-owner Mark Walter, right, talks with manager Don Mattingly prior to their baseball game against the San Diego Padres, Sept. 3, 2012, in Los Angeles.

In the mid-1990s, he co-founded Liberty Hampshire, an investment management firm in Chicago. That business became part of Guggenheim Partners, which Walter co-founded in the late 1990s.