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

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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.

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.
Lakers (ORG) Walter Seeks Cash (PERSON) Mark Walter (PERSON) the Justice Department (ORG)
Originally published by Bloomberg Markets Read original →