The announcement was short and sweet. The two companies “announced they have completed their merger following the receipt of regulatory clearances and approvals from all government authorities.” Ticketmaster stockholders will receive approximately 1.474 shares of Live Nation common stock for each share of TM common stock they own.

The merged entity is now officially Live Nation Entertainment, with stock ticker LYV.

Of course, that’s the easy part. The next step could likely be eliminating redundancies – the common euphemism for reducing payroll.