Liberty Media repays $130 million Live Nation Margin Loan

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Liberty Media (NASDAQ:LSXMA)  fully repaid the Live Nation Entertainment (LYV) margin loan using a portion of cash on hand, amounting to $130 million.

No more margin or other price triggers now exist that may force a sale of underlying stock.

Liberty Media is a shareholder of Live Nation, owning 69.6 million shares. Other ownership metrics can be found here.

Note: Liberty TripAdvisor recently got an investment from Certares Management

Source: Press Release

Source: dailystockbuzz

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