NIKE, INC.

NKE
Delayed Quote. Delayed  - 12/07 04:10:00 pm
171.29USD +1.41%

RedBird Capital Partners LLC, Fenway Sports Group, Inc, NIKE, Inc., Epic Games, Inc. and UC Investments acquired an unknown minority stake in The SpringHill Company LLC.

10/14/2021 | 12:00am
RedBird Capital Partners LLC, Fenway Sports Group, Inc, NIKE, Inc. (NYSE:NKE), Epic Games, Inc. and UC Investments acquired an unknown minority stake in The SpringHill Company LLC on October 14, 2021. RedBird Capital Partners is leading the strategic investment. UC Investments, an existing shareholder, will be increasing its investment as part of the transaction. Chief Executive Officer Maverick Carter and Chairman LeBron James will still have a controlling interest. Paul Wachter of Main Street Advisors served as strategic advisor to SpringHill in this transaction. Creighton Condon and Roger Morscheiser of Shearman & Sterling LLP acted as a legal advisor to Fenway Sports Group, Inc. PJT Partners advised Epic Games on this transaction. RedBird Capital Partners LLC, Fenway Sports Group, Inc, NIKE, Inc. (NYSE:NKE), Epic Games, Inc. and UC Investments completed the acquisition of an unknown minority stake in The SpringHill Company LLC on October 14, 2021.
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