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Dec 12, 2023 · Transaction Details. Under the terms of the transaction, Liberty will separate LSXM by means of a redemptive split-off of a new subsidiary of Liberty ("SplitCo"), which will hold its shares of SiriusXM and approximately $1.7 billion of estimated attributed net liabilities.
Jan 17, 2024 · A Liberty Media subsidiary, owning most of the outstanding shares of SiriusXM, has delivered written consent approving the transaction on behalf of SiriusXM stockholders. The transaction will...
Liberty Media Corporation, commonly referred to as Liberty Media or just Liberty, is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in Formula One Group, Sirius XM, Live Nation Entertainment, and by the end of 2024, Dorna Sports.
Dec 12, 2023 · By Reuters. December 12, 20236:13 AM PSTUpdated 6 months ago. Dec 12 (Reuters) - Liberty Media said on Tuesday it would combine its business that holds a majority stake in SiriusXM (SIRI.O)...
Dec 13, 2023 · December 13, 2023. By Chris Forrester. As expected, Liberty Media and pay-radio broadcaster SiriusXM confirmed their transaction changes on December 12th. Liberty was already the largest and controlling shareholder in SiriusXM.
Sep 26, 2023 · The proposal aims to spin off Liberty SiriusXM Group or LSXM, the group through which it owns a 83% stake in SiriusXM, into a new unit that would merge with the radio company.
Sep 26, 2023 · ENGLEWOOD, Colo., September 26, 2023 -- ( BUSINESS WIRE )--Liberty Media Corporation ("Liberty") (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it communicated a...
