Terms were announced this week by the US Justice Department under which Ticketmaster can merge with Live Nation to create Live Nation Entertainment. Ticketmaster has to get rid of its self-ticketing subsidiary, Paciolan, which it will sell to Comcast-Spectator, and it must license its Ticketmaster Host technology to rival concert promoter Anschutz Entertainment Group (AEG). The companies then left no time for reconsideration, completing the merger on the same day clearance was given. Ticketmaster shareholders will get 1.474 shares of Live Nation stock for each share they hold in Ticketmaster. It will trade on the US stock market as LYV and the Ticketmaster stock has already ceased trading. The deal was also cleared by the Canadian Bureau of Competition which…