Live nation entertainment to seek acquisitions

Live nation entertainment, inc. (nyse:lyv) will look for acquisition. the company has announced it has priced a usd 950 million offering of its 4.75% senior notes due 2027 and intends to use the net proceeds from this offering, together with borrowings under its new senior secured credit facility, to redeem all of its existing 5.375% senior notes due 2022, to repay in full borrowings under its existing senior secured credit facility, to pay related fees and expenses and for general corporate purposes, including acquisitions.
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