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Ticketmaster, Live Nation Near Tie-Up?

Stock quotes in this article: TKTM , LYV  

The boards of Ticketmaster(TKTM Quote) and Live Nation(LYV Quote) were expected to approve an all-stock merger of the two companies, and an announcement is tentatively scheduled for early Monday, according to reports.

The new entity -- to be called Live Nation Entertainment Inc. -- is to be overseen by a combination of senior management and board members from each constituent company, the Wall Street Journal reports.

The merger would combine the dominant concert promoter, ticketing company and artist-management concern. ...

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