Live Nation Entertainment acquired substantially all of the remaining equity stake in Front Line Management Group, Inc. that it did not previously own for total consideration of $116.2 million in cash and stock, the company announced today. Additionally, Front Line founder and Irving Azoff has been named Chairman of the Board for Live Nation, replacing John Malone, who stepped down from the board. Malone was named interim chairman in October when former chairman Barry Diller stepped down.

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