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Ticketmaster And Live Nation Get Approval

The Department of Justice today said it will require Ticketmaster Entertainment Inc. to divest its ticketing assets and license its ticketing software before it can proceed with its proposed $2.5-billion merger with Live Nation Inc. Ticketmaster, based in West Hollywood, is the world’s largest ticketing company. Live Nation is the world’s largest promoter of live concerts. It is located in Beverly Hills.