LIVE NATION AGREES TO DIVEST THREE NON-CORE BOSTON VENUES

by admin

BOSTON – Live Nation has entered into an agreement with an undisclosed party to divest three of its non-core venues located in Boston for approximately $22.5 million in cash plus an earnout at the Orpheum Theatre over the next 5 years. The venues include the Boston Opera House, Orpheum Theatre and Paradise. The transaction is set to close third quarter of this year. Live Nation will continue to promote non-theatrical shows at each venue.

You may also like