Live Nation and Signatures Network Finalizing Deal

Live Nation has entered into a definitive agreement to acquire merchandise company Signatures Network for a total of approximately $79 million in cash, stock and repayment of debt. Capital adjustments still need to be worked out. The transaction is expected to close later this year. Signatures Network’s Chief Executive Officer, Dell Furano, will head up Live Nation Artists’ Merchandise Division. Live Nation also owns artist merchandiser Anthill Trading and high end artist merchandise company, TRUNK Ltd