paul_mcguinness_2012_05_10

‘Thank You’ Paul McGuinness from Larry, Bono, Edge and Adam

About a month ago, the New York Times reported that Live Nation was in negotiations to buy U2′s management company Principle Management, run by Paul McGuinness, and Madonna’s management company Maverick, run by Guy Oseary, for $30 million. Oseary “would take over the day-to-day management of U2,” and McGuinness “would become Principle’s chairman.” Yesterday U2.com confirmed this on its site…