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 Bill Seely, Varsity Spirit president.
Topics
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.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.