Varsity Brands allows employees owner stake
Varsity has more than 200 employees in Memphis. (Patrick Lantrip/The Daily Memphian file)
If the company gains in value, employees could collect 80% of their salaries in the eventual payout, said Billy Seely, Varsity Spirit president.
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Varsity Brands Varsity Spirit Bill Seely Judge Sheryl LipmanJane Roberts
Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.
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