Magic Johnson Teams With Guggenheim’s Walter on Dodgers Bid

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Basketball hall of famer Magic Johnson is teaming with Guggenheim Partners Chief Executive Officer Mark Walter to bid on baseball’s Los Angeles Dodgers.

The group also includes Stan Kasten, former president of the Atlanta Braves and Washington Nationals. Kasten would relocate to Los Angeles and become the Dodgers’ chief executive should the group get the team, which filed for bankruptcy in June.