Liberty Media Seeks To Make Sirius XM A Wholly Owned SubsidiaryMani
Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB) said it plans to make satellite radio provider Sirius XM Holdings Inc. (NASDAQ:SIRI) a wholly owned unit of Liberty. In a proposal unveiled late Friday, billionaire John Malone’s Liberty Media proposed to create the wholly-owned subsidiary by creating a third class of Liberty Media shares.
Liberty is already a major owner of Sirius
Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat