Liberty Media Corp. announced Tuesday morning that it intends to commence a partial tender offer to purchase up to 34,500,000 shares of Live Nation Inc. (LYV) common stock, at a cash purchase price of $12 per share.Live Nation gapped open higher Tuesday, but traded in a narrow range throughout the day. Shares finished higher by $1.64 at $12.15 on strong volume. The stock broke out sharply on Monday, after the announcement that the company's merger with Ticketmaster Entertainment (TKTM) received clearance from the U.S. Department of Justice and with the Canadian Commissioner of Competition. Live Nation closed Tuesday at its second consecutive new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.