Live Nation Entertainment Inc. (LYV), live entertainment company, said that it has acquired a majority stake in BDG Music Group, the Baltic region's largest concert promotion company. Full terms of the deal were not disclosed.
Since early 2012, BDG Music has produced more than 50 shows in the Baltics and sold more than 200,000 tickets. The group will retain its current management team, although upon completion of the deal, it will be renamed Live Nation Baltics.
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