Phelps County Prosecuting Attorney John Beger tells KOLR10 News David Lundin, 60, accepted a plea agreement Monday for the March shooting of Richard Finnell.
Finnell, 57, was found March 6 at a house on Private Drive 7136, after deputies got a 9-1-1 call.
Deputies found Lundin a short time later, after someone called deputies spotting him walking down a street in Rolla, carrying a gun.
Beger's office filed its intent to seek the death penalty on July 29.
He says Lundin's guilty plea to first degree murder means he will serve life in prison without parole. Lundin also agreed to give up his rights to appeal the conviction.
In exchange for the plea, prosecutors dropped other charges of burglary, armed criminal action, theft and unlawful use of a weapon.
Beger says the apparent motive in the shooting was over a small amount of money and a dispute over a woman.
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