Germany's CTS Eventim to acquire Vivendi's festival ticketing arm
German ticketing firm CTS Eventim AG and French media company Vivendi SA have signed an agreement on the sale of Vivendi's festival and international ticketing business, known as See Tickets. The financial terms of the transaction, expected to be completed in the coming months, are not known. Klaus-Peter Schulenberg, chief executive of CTS Eventim, said on Tuesday: " The acquisition supports our internationalization strategy and will also benefit artists and their managers, as we will be able to
Source: yahoo.com
