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Charles Gasparino, senior correspondent at Fox Business, examines reports about Bob Iger's future 'ownership' of the LA Lakers in the context of a $12.5 billion deal.
Gasparino indicates that coverage about Iger's potential stake in the NBA franchise has been overstated.
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Gasparino has previously analyzed the effects of corporate deals, such as the potential PSKY studio divestment and its possible impact on jobs in his article Studio sale by PSKY could trigger job cuts. He also reported on high-profile financial events, noting Elon Musk's $11 billion tax payment after a substantial stock sale in Charles Gasparino: Elon Musk paid $11 billion in taxes following stock sale. These earlier reports offer further context to his coverage of major transactions in the business sector.