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Live Nation selling 3 venues

May 06, 2009|Times Wire Reports

Concert promoter Live Nation Inc. is selling three Boston venues for $22.5 million to pay down some of its debt.

The Los Angeles company said it would sell the Boston Opera House, the Orpheum Theatre and the Paradise Rock Club by the third quarter.

A Live Nation spokesman said the buyer was Boston Opera House Ventures.

Live Nation will continue to promote concerts at the venues.

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