Merger May Not Be Easy For Ticketmaster, Live Nation

Law360, New York (February 9, 2009, 12:00 AM EST) -- A proposed merger announced Tuesday between Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc. will likely face intense scrutiny from federal regulators, in what could be the first major signal of the Obama administration's antitrust enforcement, according to antitrust experts.

The companies plan to combine to form Live Nation Entertainment in a $2.5 billion all-stock merger of equals, through which Ticketmaster stockholders will receive 1.384 shares of Live Nation common stock for each Ticketmaster share, according to the Tuesday announcement.

Shareholders from both companies will...
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