from today's Los Angeles Business Journal (5/5):
Posted date: 5/5/2009
Live Nation to Sell Three Theaters
By DEBORAH CROWE
Los Angeles Business Journal Staff
"Concert promoter Live Nation Inc. said Tuesday it plans to pay down debt by selling three well-known Boston theaters, including the Boston Opera House, for about $22.5 million.
Live Nation, which hopes to merge with competitor Ticketmaster later this year, said it would take a non-cash impairment charge of about $7.7 million in the first quarter to account for the difference between the sales price and the carrying value on the company's balance sheet." ...
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