U2 to make $25m from selling shares in music promoter Live Nation (Guardian Unlimited)
The Irish rock band U2 stands to make $25m (£16m) from selling its shares in music promoter Live Nation under a sweetheart stock deal - and Madonna could follow suit in April. Live Nation is expected to be left with a $19m loss on the U2 deal. The music promoter signed agreements with a number of high-profile artists, including Jay-Z, Nickelback and Shakira. Under the deals it agreed to pay …
Source:U2 to make $25m from selling shares in music promoter Live Nation (Guardian Unlimited)
