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by mbesto 4094 days ago
> Ticketmaster was last sold for $400MM in 2009

It was not sold. It merged with LYV to be valued at 50% of a $2.5bil company. It's now a $5bil company.

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(Reuters) - The world's largest concert promoter, Live Nation Inc, plans to buy Ticketmaster Entertainment Inc for about $400 million in stock, aiming to create a company with dominant holdings in concert promotion and ticket sales.

http://www.reuters.com/article/2009/02/10/us-ticketmaster-li...

2.5b enterprise value inlcuding debt. not 2.5b equity.