Dodgers Owner Walter Considers Bid on AEG, L.A. Times Reports

Los Angeles Dodgers Chairman Mark Walter is considering a bid on Anschutz Entertainment Group Inc., the Los Angeles Times reported.

Walter, the chief executive officer of Guggenheim Partners LLC, said the possible “synergy” in marketing and sponsorship among the Los Angeles teams attracts him to AEG as an investment, the newspaper said.

AEG owns the National Hockey League’s Kings, the Galaxy of Major League Soccer and a 30 percent stake in the National Basketball Association’s Lakers. Anschutz has also offered to fund construction of a $1 billion, 65,000-seat stadium in downtown Los Angeles to try to lure one of the National Football League’s 32 teams.

Walter said Guggenheim will make a final evaluation on the prospect of bidding on AEG after the company releases confidential financial information.

Guggenheim bought the Dodgers for $2.15 billion in May. AEG officials have said the company that owns the Staples Center and the Home Depot Center may bring as much as $7 billion, the Times said.

To contact the reporter on this story: Nancy Kercheval in Washington at nkercheval@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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