Live Nation Entertainment is reportedly in talks to acquire a majority stake in the largest indie promoter in the U.S., C3 Presents. C3 Presents produces major festivals, including Lollapalooza and the Austin City Limits festivals. According to the New York Times, two people with knowledge of the negotiations, which were characterized as being at an advanced stage, said the deal would see Live Nation acquire a 51% holding in C3 Presents, with the company valued at at around $250 million. The deal would let Live Nation expand its business in the U.S., as the alt-rock festival Lollapalooza is a summer...

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