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Ticketmaster Online to acquire rival

Ticketmaster Online-CitySearch Inc. will acquire TicketWeb.
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Written by ZDNet Editors on

Ticketmaster Online-CitySearch Inc. will acquire TicketWeb.com Inc. in a stock deal worth $35.2 million. TicketWeb has around 700 clients, including Six Flags Magic Mountain, the San Francisco Symphony, London's Brixton Academy, the San Diego Zoo and New York's Museum of Modern Art. TicketWeb, a privately held firm, will become a wholly owned subsidiary of Ticketmaster. -- Margaret Kane, ZDNet News

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