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Players take part in barnstorming -4/24/2014, 10:13 AM

Herman earns MIAA honors for FHSU -4/24/2014, 10:13 AM

Tigers on road for final MIAA series -4/24/2014, 10:36 AM

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Ness City all about development -4/24/2014, 10:13 AM

HDN Area Track & Field Honor Roll, Week 2 -4/24/2014, 10:13 AM

Plainville Invitational track and field results -4/24/2014, 9:19 AM

Pujols makes history with two home runs against Nationals -4/23/2014, 10:36 AM

HHS softball earns DH sweep -4/23/2014, 10:26 AM

Indian golfers settle for third -4/23/2014, 11:08 AM

Tiger women eighth, men 10th at MIAA -4/23/2014, 10:26 AM

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Rocky finish for TMP baseball -4/23/2014, 10:26 AM

Indian tennis competes at Abilene -4/23/2014, 10:26 AM

Windholz inks with Barton -4/23/2014, 10:24 AM

KSU, WSU players storm Hays High tonight -4/23/2014, 7:59 AM

Parker tosses second no-hitter in HHS sweep -4/22/2014, 11:07 AM

Grizzlies top Thunder in OKC -4/22/2014, 9:49 AM

Royals fall in Cleveland -4/22/2014, 9:49 AM

Hays High soccer wins at Garden City -4/22/2014, 9:48 AM

Tiger women 8th, men 9th at MIAA -4/22/2014, 9:48 AM

Tiger tennis falls to Newman -4/21/2014, 10:07 AM

Streak snapped for Royals -4/21/2014, 10:07 AM

Gaughan third at KU Relays -4/21/2014, 8:18 AM

HHS' Ruder makes way back from neck injury -4/20/2014, 8:05 PM

Work paying off for HHS' Kreutzer -4/20/2014, 8:05 PM

Tigers take 3 of 4 -4/20/2014, 8:05 PM

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Atwood 76, St. Francis 65

Dighton 62, Oberlin 47

Hillsboro 50, Goodland 47

Lakeside 42, Lincoln 32

Minneapolis 68, Russell 35

Rock Hills 42, Natoma 37

Salina Central 62, Andover 58

Salina South 62, Sacred Heart 47

Sharon Springs 75, Leoti 38

St. John's Beloit-Tipton 57, Osborne 34

Sylvan-Lucas 61, Thunder Ridge 48

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Dighton 44, Atwood 11

Dodge City 71, Hays High 28

Hesston 51, Goodland 18

Hoisington 60, Victoria 46

Hoxie 65, St. Francis 13

Lincoln 33, Lakeside 26

Minneapolis 47, Otis-Bison 24

Osborne 59, Wilson 34

Sharon Springs 63, Oberlin 42

Sylvan-Lucas 43, Natoma 41 (ot)

Tescott 41, Rock Hills 33

Trego 56, Leoti 27

Thunder Ridge 33, St. John's Beloit-Tipton 30

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Amusement park giant buys Harlem Globetrotters

Published on -10/1/2013, 9:56 AM

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PHOENIX (AP) -- Georgia-based Herschend Family Entertainment Corp. has acquired Harlem Globetrotters International Inc. from Shamrock Capital Advisors.

Terms of the deal were not revealed.

Herschend, based in Norcross, Ga., is a family-owned company that owns and operates 26 theme parks, aquariums and other attractions nationwide. Among its operations is a partnership with country singing star Dolly Parton for Dollywood and Dollywood's Splash Country in Tennessee. It also is an operating partner of Stone Mountain Park in Atlanta, and owner of Silver Dollar City in Branson, Mo. Founded by the Herschend family 50 years ago, the company also owns Newport Aquariums in New Jersey and Kentucky and Wild Adventures Theme Park in Valdosta, Ga.

The Phoenix-based Globetrotters have provided basketball hilarity to the masses since 1916, performing 25,000 "games" around the globe. Currently, the Globetrotters display their antics in about 400 games per year.

Shamrock Capital Advisors, a Los Angeles-based investment firm, purchased the Globetrotters in 2005 and reportedly had been shopping the team in recent months. The Los Angeles Business Journal in June listed the proposed price as anywhere from $50 million to $100 million.

Joel Manby, president and CEO of Herschend, said the Globetrotters fit perfectly in the company's family-oriented operations.

"The team is coming off its best touring year ever, and this acquisition helps HFE diversify into a new but complementary business," Manby said in a statement announcing the sale. "Becoming the new owners of this legendary team is a natural step as HFE continues to develop wholesome, immersive entertainment that parents can trust -- entertainment that brings families together."

Globetrotters CEO Kurt Schneider said the team's "brand is hotter than ever."

Herschend said that the Globetrotters management team and roster would remain in place. The Globetrotters have about 90 employees.

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