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Lollapalooza will return to Chicago's Grant Park as a three-day event in 2006. Organizers Capitol Sports &Entertainment confirmed that the one-time touring festival is not only growing in length, but in size as well, taking over more of the park to house eight stages that will present as many as 130 acts.

The Lollapalooza Web site confirms the dates and location for the show, but confirmation of participating artists and ticket information isn't expected to emerge for about a month. The show will take place August 4-6, 2006 in Chicago's Grant Park.

Of course, that that hasn't stopped the rumor mill from churning. As previously reported, a reunion of the Windy City's own Smashing Pumpkins is among the most persistent rumors, while the likes of the Flaming Lips and Disco Biscuits also the focus of speculation. Members of Thievery Corporation recently told Billboard.com that the group would be on hand for year's festival.

Source billboard.com.