RJD Sells Academy Music

RJD Partners has sold its 56% interest in Academy Music Holdings Ltd. (AMG) to Live National Inc. and Gaiety Investments. The deal valued AMG at $114 million, including the assumption of $56.9 million of bank notes and third-party shareholder loans. AMG is an owner and operator of music clubs in the UK, including Carling Academy Brixton. www.academy-music-group.co.uk