Companies Established in the 2010s - Companies Established in 2010, Live Nation Entertainment, Towers Watson, SAAB Spyker Automobiles (Paperback)

Chapters: Companies Established in 2010, Live Nation Entertainment, Towers Watson, Saab Spyker Automobiles, First West Credit Union, Obligo. Source: Wikipedia. Pages: 20. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Live Nation Entertainment is the new corporate name and owner of Live Nation and Ticketmaster, who have merged. The leadership consists of Barry Diller (currently Chairman of Ticketmaster) as Chairman of the new company; Michael Rapino, (currently Chief-Executive-Officer of Live Nation) as President and CEO of the new company. In order to merge Live Nation and Ticketmaster have to have approval from their shareholders, California State Regulators (since they are both based in California), and finally Federal regulator approvalthe latter being the only outstanding approval. The proposal has received regulatory approval in Norway and Turkey. The United States Justice Department approved the merger on January 25, 2010 with some conditions to which both parties agreed. In October 2009, the United Kingdom's Competition Commission provisionally ruled against the merger but on December 22, 2009, the Competition Commission reversed itself and decided to clear the proposed merger. Separate regulatory reviews of the proposal were continuing in the United States and Canada. On January 25, 2010, the United States and Canadian governments cleared the way for Live Nation and TicketMaster to merge. As part of the agreement with Governments to merge, Ticketmaster has to sell its ownership in its self ticketing company, Paciolan (which they have a deal to sell to Comcast-Spectacor). According to the Associated Press, Live Nation Entertainment will be under a 10-year court order prohibiting it from retaliating against venues that choose to competitors' ticket-selling contracts, and it "must...More: http: //booksllc.net/?id=2303906