other material
confidence high
sentiment neutral
materiality 0.75
Liberty Media split-off of Liberty Live Holdings approved; delisting Dec 15, new listing Dec 16
Liberty Media Corp
- Stockholders approved split-off at Dec 5 special meeting; Liberty Live common stock to be redeemed 1-for-1 for new Liberty Live Group shares.
- LLYVA, LLYVK to delist from Nasdaq; LLYVB removed from OTC Markets after Dec 15 close.
- New Liberty Live Holdings shares trade on Nasdaq (LLYVA, LLYVK) and OTC (LLYVB) starting Dec 16.
- Reattribution: $421.7M net assets from Formula One to Liberty Live incl. QuintEvents, Meyer Shank Racing, $171.7M cash.
- Reattribution: $421.7M net assets from Liberty Live to Formula One incl. Kroenke Arena, Overtime Sports, Griffin Gaming.