Marc Lasry, chairman of embattled media org Ozy, resigns

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Marc Lasry, the hedge-fund billionaire and Milwaukee Bucks co-owner who was named chairman of embattled media organization Ozy earlier this month, has resigned from its board.

“I believe that going forward Ozy requires experience in areas like crisis management and investigations, where I do not have particular expertise,” Lasry said in a statement Thursday. “For that reason, I have stepped down from the company’s board. I remain an investor in the company and wish it the best going forward.”

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