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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...
The Liberty SiriusXM Group comprises our ownership in SiriusXM. We own approximately 83% of SiriusXM as of October 31, 2023, which operates two complementary audio entertainment businesses, SiriusXM and Pandora. The Series A, Series B and Series C Liberty SiriusXM common stock trade on the Nasdaq Global Select Market under the stock symbols ...
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. The SIRIUS XM Holdings segment operates two audio entertainment companies, Sirius XM and Pandora. Sirius XM offers channels and information and entertainment services.
Dec 12, 2023 · Liberty Media and SiriusXM Announce Transaction to Simplify Ownership Structure of SiriusXM. PR Newswire. Tue, Dec 12, 2023, 7:01 AM 18 min read. In this article: FWONA. LLYVA. LLYVB....
Dec 12, 2023 · Dec 12 (Reuters) - Liberty Media said on Tuesday it would combine its business that holds a majority stake in SiriusXM (SIRI.O) with the rest of the radio company to create a new publicly listed...
Dec 12, 2023 · Liberty, led by president and CEO Greg Maffei and chairman John Malone, says on its website that it owned an 83 percent stake in Sirius XM as of July 31. New SiriusXM shares are expected to...
