Reported Earlier, Liberty Media Acquires High-Vote Series B Stock From Holders Related To John Malone In Exchange For Low-Vote Series A Stock To Reduce Voting Concentration And Better Aligns Malone’s Voting Power With His Economic Interest
The Transaction closed concurrently with the execution of the Exchange Agreement (the "Agreement") among Liberty Media, John C. Malone and the Malone Holders. As a result of the Transaction, the Malone Holders’
John Malone traded high-voting shares for regular shares. This means his voting control now matches his ownership stake better.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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