MAGIC GROUP SNAPS UP THE LA DODGERS

LOS ANGELES Dodgers and owner Frank McCourt said yesterday that Guggenheim Baseball Management will buy the baseball team for $2bn (£1.3bn), helping the Dodgers to finally emerge out of bankruptcy protection. The buying group includes Mark Walter, as well as basketball superstar Magic Johnson, Peter Guber, Stan Kasten, Bobby Patton and Todd Boehly.