Date: November 08,2006
LIVE NATION FINALIZES HOB ACQUISITIONLive Nation has completed its
previously announced acquisition of House of Blues. Live Nation now
owns operates and/or has booking rights for more than 170 venues,
including the addition of 10 House of Blues-branded clubs. The
total purchase price for the deal was approximately $354 million.
Live Nation financed the acquisition with a combination of cash,
borrowings under its revolving credit facility and ...