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Live Nation in talks to buy management companies behind U2, Madonna, NYT reports

Several people with direct knowledge of the deal say that Live Nation (LYV) is in advanced talks to buy Principle Management, the company of U2’s longtime manager, Paul McGuinness, as well as Maverick, run by Guy Oseary, Madonna’s manager, the New York Times reports. Live Nation could buy Principle and Maverick for over $30M, the sources say.