Marc Lasry Sells Stake in Milwaukee Bucks at Sky-High Valuation
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He shoots, he scores.
Milwaukee Bucks co-owner and private equity billionaire extraordinaire Marc Lasry has sold his stake in the NBA franchise at a valuation of $3.5 billion, sources told The Athletic and ESPN early Monday morning, after co-purchasing the team for just $550 million in 2014. It's a big win for Lasry, though Bucks fans now find their elite-as-of-late team under the reign of the folks who also own... the Cleveland Browns.
Source Fool.com
