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Justice Dept. Probes Live Nation Ticketmaster Deal

Department Of Justice Live nation ticketmaster large The US Department Of Justice is seeking additional information from both Live Nation and Ticketmaster in their ongoing investigation into their proposed merger. The two companies say they expected the inquiry often referred to as a "second request" is pursuant to the Hart-Scott-Rodino Antitrust Improvements Act.

On February 10th, Live Nation and Ticketmaster Entertainment announced their proposed merger. The two say that they expect the merger to close before the year's end subject to regulatory, shareholder and third-party approvals.

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