Liberty Media Corporation Announces Special Meeting of Stockholders
December 06 2016 - 4:10PM
Business Wire
Liberty Media Corporation (Nasdaq: LSXMA, LSXMB, LSXMK,
BATRA, BATRK, LMCA, LMCK) (“Liberty”) will be holding a Special
Meeting of Stockholders on Tuesday, January 17, 2017, at 11:00
a.m., local time, at the corporate offices of Liberty, 12300
Liberty Boulevard, Englewood, Colorado 80112. The record date for
the meeting is 5:00 p.m., New York City time, on December 12, 2016.
At the special meeting, holders will be asked to vote on proposals
relating to Liberty’s issuance of shares of its Series C Liberty
Media common stock in connection with the proposed acquisition of
Formula 1 and the renaming of the Liberty Media Group and the
Liberty Media common stock to the Formula One Group and the Liberty
Formula One common stock, respectively, following the proposed
acquisition of Formula 1 by Liberty.
About Liberty Media
Corporation
Liberty Media Corporation operates and owns interests in a broad
range of media, communications and entertainment businesses. Those
businesses are attributed to three tracking stock groups: the
Liberty SiriusXM Group, the Braves Group and the Liberty Media
Group. The businesses and assets attributed to the Liberty SiriusXM
Group (Nasdaq: LSXMA, LSXMB, LSXMK) include our interest in
SiriusXM. The businesses and assets attributed to the Braves Group
(Nasdaq: BATRA, BATRK) include our subsidiary Braves Holdings, LLC.
The businesses and assets attributed to the Liberty Media Group
(Nasdaq: LMCA, LMCK) consist of all of Liberty Media Corporation's
businesses and assets other than those attributed to the Liberty
SiriusXM Group and the Braves Group, including its interests in
Live Nation Entertainment and Formula 1, and minority equity
investments in Time Warner Inc. and Viacom.
Additional Information
Nothing in this press release shall constitute a solicitation to
buy or an offer to sell shares of Liberty’s Series C Liberty Media
common stock or any other series of its common stock. Liberty
stockholders and other investors are urged to read the proxy
statement (a preliminary filing of which has been made with the
SEC) because it will contain important information relating to the
proposed acquisition of Formula 1. Copies of Liberty’s SEC filings
are available free of charge at the SEC’s website
(http://www.sec.gov). Copies of the filings together with the
materials incorporated by reference therein will also be available,
without charge, by directing a request to Investor Relations, (720)
875-5420.
Participants in the
Solicitation
The directors and executive officers of Liberty and other
persons may be deemed to be participants in the solicitation of
proxies in respect of any proposals relating to the proposed
acquisition of Formula 1. Information regarding the directors and
executive officers of Liberty is available in its definitive proxy
statement, which was filed with the SEC on July 8, 2016, and
certain of its Current Reports on Form 8-K. Other information
regarding the participants in the proxy solicitation and a
description of their direct and indirect interests, by security
holdings or otherwise, will be available in the proxy materials
regarding the proposed acquisition of Formula 1 (a preliminary
filing of which has been made with the SEC). Free copies of these
documents may be obtained as described in the preceding
paragraph.
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