Live Nation Expands Concert Empire With $450 Million Mexico Acquisition
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How do you say "astronomical ticket fees" in Spanish?
Live Nation, America's largest concert promoter and the bane of music fans' wallets, said Monday it has reached an agreement to acquire Mexico's largest concert promoter OCESA Entretenimiento for $450 million. It's a sign that concerts are back, and good old price gouging, too.
Source Fool.com
