Learfield to announce sale Monday
Founder, execs to retain minority share
Sunday, December 4, 2011
While a formal announcement is expected Monday, a national business publication is reporting a major development involving a Mid-Missouri company.
The Sports Business Journal is reporting Learfield Sports, based in Jefferson City, has sold a majority stake of the company to a Los Angeles based private equity firm.
Shamrock Capital Advisors, which also has stakes in the Harlem Globetrotters as well as media and technology companies, bought what Learfield described as a “significant majority.”
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