Live Nation Entertainment Inc. on Sept. 18 filed an automatic registration statement for the sale from time to time of an unspecified amount of common stock by certain selling security holders.
Live Nation expects one group of such selling security holders to receive shares of its common stock to be issued as partial consideration in connection with the company's pending acquisition of 51% of Operadora de Centro de Espectáculos SA de CV as well as related subsidiaries of Corporación Interamericana de Entretenimiento SAV de CV. Live Nation expects to close the transaction by the end of the year.
The company will not receive any proceeds from the sale of the shares.
