stage voice musician

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

Reading now: 984

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.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News