- Live Nation Entertainment Inc LYV priced 5.2 million shares at $86.90 per share to raise $449.6 million in a secondary public offering.
- The offer price implies a 2% discount to Live Nation's September 14 closing price of $88.68.
- The offering proceeds will help fund the OCESA Entretenimiento, S.A. de C.V. acquisition worth $444 million. The remaining proceeds will serve general corporate purposes.
- Price Action: LYV shares closed lower by 0.48% at $88.68 on Tuesday.
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LYVLive Nation Entertainment Inc
$149.851.07%
Edge Rankings
Momentum
88.65
Growth
75.54
Quality
Not Available
Value
23.60
Price Trend
Short
Medium
Long
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