Live Nation Chairman Azoff Said to Exit Concert Company

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Irving Azoff, chairman of Live Nation Entertainment Inc., resigned from the world’s biggest concert promoter three years after helping forge its merger with Ticketmaster.

Azoff, manager of acts including The Eagles and Christina Aguilera, is leaving immediately, the Beverly Hills, California-based company said yesterday in a statement. Billionaire John Malone’s Liberty Media Corp., the company’s largest investor, bought 1.7 million of Azoff’s shares.