Live Nation back to private?

Reports are circulating over plans by Live Nation chief Irving Azoff and major shareholder and Liberty Media chief John Malone taking the live music, venue, artiste management and ticketing conglomerate private, just a year and a half after the Live Nation – Ticketmaster merger. Live Nations debt currently stands at approximately $1.7 billion. Taking the company private would ease pressure from investors and shares rose 6% to $10.92 on the news. More at http://www.ticketnews.com/news/Irving-Azoff-Liberty-Medias-John-Malone-consider-taking-Live-Nation-private061110358?utm_source=email&utm_medium=2011-06-16