SPORTS POLITICS - Local billionaires, major capital equity firms and even sovereign wealth funds have surfaced as potential bidders for the AEG sports and entertainment empire as the second round of bidding enters its final stages.
Los Angeles area billionaires Patrick Soon-Shiong (photo), Ron Burkle and Tom Barrack, Guggenheim Partners, One West Bank chief executive Peter Mnuchin, Australian shopping center giant Westfield Corp. and even a Qatari sovereign wealth fund have all been mentioned in recent media reports, either solo or in partnerships. (Read the rest … including how much the bids are expected to be and why the bidding process is taking longer than expected … here.)
-cw
CityWatch
Vol 11 Issue 11
Pub: Feb 5, 2013
