other material
confidence high
sentiment neutral
materiality 0.60
Liberty Media stockholders approve Atlanta Braves split-off; effective July 18
Atlanta Braves Holdings, Inc.
- Stockholders approved split-off of Atlanta Braves Holdings at July 17 special meeting.
- Split-off effective 5pm July 18; each Liberty Braves share exchanges for one Atlanta Braves Holdings share.
- BATRA and BATRK to list on Nasdaq; BATRB on OTC Markets; trading starts July 19.
- Reclassification of Liberty shares into new Liberty SiriusXM and Liberty Live common stock effective Aug 3.
- Formula One group to receive ~6.8M Braves Series C shares on July 19; ratio 0.02896 per Formula One share.