Jefferson City, MO 37° View Live Radar Mon H 53° L 33° Tue H 43° L 26° Wed H 35° L 16° Weather Sponsored By:

Learfield to announce sale Monday

Learfield to announce sale Monday

Founder, execs to retain minority share

December 4th, 2011 in News

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."