Live Nation and Ticketmaster announce ``merger of equals''
Concert promoters Live Nation and ticketing agency Ticketmaster have announced a ``merger of equals'' that will create the world's largest live entertainment company with a combined value of £1.75 billion.
In an SEC filing Tuesday, Live Nation, the entertainment giant whose merger with Ticketmaster was approved by the Justice Department in January, said that it had been challenged by CTS Eventim over breach of contract.