January 15, 2008
The Wall Street Journal is reporting this morning that InterActiveCorp’s Ticketmaster has purchased Illinois-based Tickets Now for about $265 million. TicketsNow is currently the country’s second-largest website for reselling tickets to concerts and sports events.
Another quick fact about TicketsNow that I’d like to mention is that he company was born in Woodstock, Illinois which is the home of TECH cocktail co-founder Frank Gruber.
Frank and I would like to extend our congrats to the TicketsNow team along with Matt McCall and the DFJ Portage team (they were investors in Tickets Now). This is clearly another big success story for Chicago, Illinois and the Midwest in general.
Did you like this article?
Get more delivered to your inbox just like it!