What kind of idiot sells 8% below the market in a tender?

Discussion in 'Stocks' started by stock777, Mar 3, 2010.

  1. Live Nation Entertainment Inc. (LYV) shareholders gave an overwhelming thumbs down to Liberty Media Corp.'s offer to buy up to 34.2 million shares, with just 310,926 being tendered by Tuesday's deadline.

    Tender was 12, stock 13 in the open market