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

Live Nation Entertainment (LYV) PT Raised to $108 at Guggenheim

Guggenheim analyst Curry Baker raised the price target on Live Nation Entertainment (NYSE: LYV) to $108.00 (from $105.00) while maintaining a Buy rating.

The analyst commented, "Earlier this week, Live Nation announced (link) a new agreement to buy a 51% controlling interest in OCESA (a leading promoter in Latin America and owner of... More

After-Hours Stock Movers 09/14: (AFG) (SOFI) Higher; (SONM) (AVTX) (HUT) Lower (more...)

After-Hours Stock Movers:

Sonim Technologies, Inc. (Nasdaq: SONM) 26.7% LOWER; intends to effect a one-for-ten reverse split of its issued and outstanding common stock.

Avalo Therapeutics, Inc. (Nasdaq: AVTX)... More

Live Nation Entertainment (LYV) Traders Lower on Plans to Sell $450M in Stock to Fund OCESA Acquisition

Live Nation Entertainment, Inc. (NYSE: LYV) shares fell 2% after-hours Tuesday after the company announces its intention to offer $450 million of common stock, the net proceeds of which is expected to fund the acquisition of 51% of the capital stock of OCESA Entretenimiento,... More

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

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

Live Nation Entertainment (LYV) PT Raised to $103 at Jefferies

Jefferies analyst David Katz raised the price target on Live Nation Entertainment (NYSE: LYV) to $103.00 (from $99.00) on the belief that the OCESA deal and the indications of current trends from Mgt. are both modest positives for the shares.

The analyst reiterated a... More

Live Nation resumes stalled acquisition of Mexican entertainment firm Ocesa

MEXICO CITY (Reuters) - U.S. firm Live Nation Entertainment resumed its acquisition of Mexican entertainment firm Ocesa, in which broadcaster Televisa holds a 40% stake, according to a statement on Monday.

Live Nation agreed to proceed with its acquisition, which was stalled last year, of a 51% controlled interested in Ocesa, a leading entertainment promoter and the statement filed with the Mexican stock exchange said.

The acquisition includes Televisa's... More

Live Nation Entertainment (LYV) Resumes Acquisition Of OCESA

As concerts are returning around the world, Live Nation Entertainment (NYSE: LYV), the world's leading live entertainment company, has agreed to proceed with its previously announced acquisition of a 51% controlling interest in OCESA Entretenimiento, a leading promoter in Latin America and owner of Ticketmaster Mexico from CIE (BMV: CIE), a prominent player in the live entertainment industry in Latin America, and Grupo Televisa (NYSE: TV), the largest multimedia company in the Spanish-speaking world, for an aggregate purchase price of MXN$8,835,000,000 or approximately... More

Live Nation Entertainment (LYV) to Acquire OCESA Entertenimiento for $450M - DJ

Live Nation Entertainment (NYSE: LYV) to Acquire OCESA Entertenimiento for $450M - DJ