Ticketmaster Online to buy Ticketmaster Corp.

Summary:Finally, a dot-com arm has grown up to take care of its parent instead of rushing back to the nest. Ticketmaster (tmcs) said Tuesday it will buy Ticketmaster Corp.

Finally, a dot-com arm has grown up to take care of its parent instead of rushing back to the nest. Ticketmaster (tmcs) said Tuesday it will buy Ticketmaster Corp. Under terms of the deal, USAi will contribute Ticketmaster Corp. to TMCS and receive in exchange 52 million TMCS Class B shares. Full story. -- Tiffany Kary, ZDII

Topics: Tech Industry

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