Live Nation Responds To Liberty Media Offer

Live Nation issued the following statement regarding Liberty Media’s tender offer early this morning, saying in part: 

“Live Nation’s Board of Directors intends to evaluate Liberty Media’s proposed offer in consultation with its financial and legal advisors, and the Board will advise Live Nation’s stockholders of its position regarding the offer, as well as its reasons for that position, after the proposed offer has been commenced. In the interim, Live Nation requests that its stockholders defer taking action with respect to Liberty Media’s proposed offer until they have been advised of Live Nation’s position with respect to the offer.”