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Liberty Media said 310,926 Live Nation Entertainment shares were tendered under its $12-a-share bid to acquire as many as 34.2 million.
Purchases of validly tendered stock of Live Nation, the largest concert promoter and ticket seller, will increase Douglas County- based Liberty Media’s stake to 14.5 percent from 14.3 percent.
Liberty Media, controlled by chairman John Malone, had been seeking a 35 percent stake. Bloomberg News
