• LeBron James' SpringHill Sells ‘Significant Minority Stake' to RedBird-Led Group

    1 day ago - By The Wrap

    LeBron James' SpringHill Company has sold what is being called a “significant minority stake” to a group of investors led by RedBird Capital. The investment values SpringHill at $725 million.
    In addition to RedBird, Fenway Sports Group, Nike and Epic Games round out the group. The investment will allow SpringHill to expand IP development and add more live events, among other initiatives. It was also set the stage for expansion outside of North America and potential M&A.
    And SpringHill is getting into gaming as part of Epic Games' involvement.
    “SpringHill's mission is empowering greatness...
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  • LeBron James's SpringHill Company Sells “Significant” Minority Stake To RedBird Capital, Fenway Sports, Nike & Epic Games

    1 day ago - By Deadline

    Capitalizing on a red-hot deal market, LeBron James's SpringHill Company has sold what it calls a “significant” minority stake to RedBird Capital Partners, Fenway Sports Group, Nike and Epic Games. The deal values SpringHill at $725 million. Negotiations with a group of investors had been reported over the summer and again in September. Even though...
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