Liberty shareholders OK reclassification
Oct 25, 2007
NEW YORK -- Liberty Media shareholders approved the company's move
to reclassify its Liberty Capital common stock into two new
tracking stocks that more closely follow the performance of the
divisions.
The two new tracking stocks are Liberty Capital and Liberty Entertainment. The new entertainment stock will include what News Corp. is expected to hand over -- a controlling stake in DirecTV, three regional sports networks and cash.
The two new tracking stocks are Liberty Capital and Liberty Entertainment. The new entertainment stock will include what News Corp. is expected to hand over -- a controlling stake in DirecTV, three regional sports networks and cash.
Liberty shareholders OK reclassification
Oct 25, 2007
NEW YORK -- Liberty Media shareholders approved the company's move to reclassify its Liberty Capital common stock into two new tracking stocks that more closely follow the performance of the divisions.
The two new tracking stocks are Liberty Capital and Liberty Entertainment. The new entertainment stock will include what News Corp. is expected to hand over -- a controlling stake in DirecTV, three regional sports networks and cash.
The two new tracking stocks are Liberty Capital and Liberty Entertainment. The new entertainment stock will include what News Corp. is expected to hand over -- a controlling stake in DirecTV, three regional sports networks and cash.
