The Department of Justice “will conduct a thorough investigation” of the $400 million deal that would put the country’s largest concert/live event promoter under the same roof as America’s dominant ticket service for concerts. New York Senator Chuck Schumer and New Jersey Rep. Bill Pascrell have signed a joint letter of protest to new Obama Administration Attorney General Eric Holder. Live Nation was spun out of Clear Channel in 2005, and two members of the Mays family still sit on its board.