Shares of Live Nation were soaring almost 10% on Monday after Wall Street learned that Saudi Arabia had bought a $500 million stake in the company. Saudi Arabia’s sovereign wealth fund bought a 5.7% stake in the American events company that is the parent company for Ticketmaster. This investment makes the kingdom’s Public Investment Fund … Continue reading “Saudi Arabia Has Bought $500 Million Stake in Live Nation”
Tag: Ticketmaster
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