Liberty Media (LMCA) upped its holding in Live Nation Entertainment (LYV) to 48.7M shares, or...

|About: Liberty Media Corp (LMCA)|By:, SA News Editor

Liberty Media (LMCA) upped its holding in Live Nation Entertainment (LYV) to 48.7M shares, or more than 25% of the concert promotion giant's outstanding shares, from ~20%, according to an SEC filing. Liberty has received regulatory clearance to own as much as 35% of LYV, whose shares are +4% premarket.