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Written by <a href='/admin/'>S. Monteban</a>
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Thursday, 28 January 2010 13:35 |
Media Tycoon John Malone's Liberty Media Corp. made a tender offer Tuesday to acquire
34.5 million shares of Live Nation Entertainment for $12 each. If fully
subscribed, Liberty's stake in the company would more than double to
35%. This would make Liberty Media a major shareholder in the business.
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