Live Nation resumes stalled acquisition of Mexican entertainment firm Ocesa

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Live Nation Entertainment (LYV) Prices 5.24M Share IPO at $86.9/sh

September 15, 2021 6:16 AM EDT

Live Nation Entertainment, Inc. (NYSE: LYV) ("we" or the "company") today announced the pricing of its previously announced offering of 5,239,259 shares of common stock, at a public offering price of $86.90 per share. The issuance and sale of the common stock are scheduled to settle on September 17, 2021, subject to customary closing conditions.

The company estimates that the net proceeds from the offering will be approximately $449.6 million, after deducting the underwriting discounts and commissions and estimated offering expenses. The company intends to use the net proceeds... More

Live Nation Entertainment (LYV) Launches $450M Stock Offering

September 14, 2021 4:44 PM EDT

Live Nation Entertainment, Inc. (NYSE: LYV) (the "company") announced that it intends to offer, subject to market and other conditions, $450 million of common stock registered under the Securities Act of 1933, as amended.

The company intends to use the net proceeds from the offering to fund the previously announced acquisition of 51% of the capital stock of OCESA Entretenimiento, S.A. de C.V. (the "OCESA Acquisition"). The company intends to use any remaining proceeds for... More