Live Nation ‘bidding on SMG’
The world's largest promoter is reportedly in the running to buy the planet's leading venue operator, which is expected to sell for around $750m
News By IQ | 29 November 2017
Live Nation has reportedly submitted a proposal to buy venue management giant SMG. The Pennsylvania-based company – whose venue portfolio, the world’s largest, includes some 500 arenas, stadia,…
theatres, amphitheatres and convention centres across North America, Europe and Asia – was recently put on the market by current owner Northlane Capital Partners, and is expected to sell for around US$750m.
According to SportsBusiness Journal, offers for SMG were due in yesterday, with Live Nation among the bidders. The two companies…
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