Distressed Asset Lovers Pay Huge Premium For Milwaukee Bucks

In a rather inexplicable deal, Marc Lasry and Wesley Edens, two men who got rich in part by buying damaged assets at bargain basement prices, have agreed to pay $550 million--at least $50 million more than anyone else was considering paying--for the Milwaukee Bucks. Half the deal is spot on with [...]

Topics:  marc lasry   wesley edens   milwaukee   bucks   asset   pay   deal   

 

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