Live Nation And Ticketmaster Eyeing Merger
February 3, 2009, 15 years ago
Nypost.com is reporting:
In a blockbuster deal that will realign the music industry's balance of power, concert-promotion giant Live Nation and Ticketmaster Entertainment, the nation's largest ticketing operation, are planning to merge, The Post has learned.
According to a source familiar with the negotiations, talks between the two companies are at an advanced stage and a vote on a deal could be put to Live Nation's board as soon as Wednesday.
The source cautioned, however, that talks are at a delicate stage and could fall apart amid last-minute wrangling over finer points of a merger.
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