LMCA will become Liberty Media group. Liberty Media tracking stock will keep interests in Live Nation Entertainment Inc. and minority equity investments in Time Warner Inc. and Viacom Inc. Also the Media Group will hold a 20% stake in the Braves assets. Hope that helps.
Hey joe The better value is LMCA In the long run. If your not interested in the other 2 trackers you can sell them at an opportune time and buy more of the SIRI tracker.
Yes. it will be Liberty Media Group. Main asset will be LYV along with 20% ownership of the Braves.
Kaiser yes LMCA will become Liberty media group and hold Liberty's assets in LYV VIA TWC and a 20% stake of the new Braves tracking stock. I'm happily selling a large chunk of my SIRI shares to put back into the mothership.
So easy to silence the CLUELESS yo-yo's! just present them with a fact. DJIA flat. SIRI +16% LMAO
Sorry ur a little late. Malone/Liberty took it over years ago. But TKS just the same for paying to increase my ownership on a daily basis.
With each passing day Liberty's ownership (and mine) goes up. The best part is you pay for it. TKS so much. Yes keep buying on the dips. I'm happy to sell you my shares so i can keep buying more of the mothership.
By then we will be in well over 125 mil cars. Why would anyone buy this dung? LMAO
Lets see. If you took Malones very generous offer Liberty shareholders would have to pay for them. Instead you now pay to increase my owmership of SIRI. Thanks for all the cash you put in my pocket. LMAO
LMCA will become 3 stocks. Liberty Sirius, Liberty Braves and Liberty Media group. Liberty Broadband was a spinout. Ratios not set in stone yet. The SIRI tracker will be more than 60%. You will be able to buy the braves tracker at a 20% discount to the market. The number of shares you can buy will be determined by the number of shares you are given in the new braves tracker. LMCA will become Liberty media group, The price will reflect the number of market shares divided by the value of the assets. This is all good news. Classic Malone. Been long 21 years Malone. HAPPY HAPPY HAPPY. Good luck.
I hit the loto 20 years ago when I started investing in Malone. Another classic yo-yo all star heard from. LMAO
Lets see. Dow Jones flat for the year. SIRI up 16%. Oh wait ur one of the classic yo-yo all stars. LMAO
This was no small pick up. The guy likes what he see's coming. So do I.
Kaiser the purpose of the tracking stocks will be 2 fold. First to unlock the 15-18% discount with current LMCA. Second 2 have the assets set up for total spinouts when the timing makes sense. The coin that holds the SIRI assets will in a sense be one sided. The other 2 trackers will have no bearing on SIRI. I'm very happy with the structure Liberty is putting forth.
Very nice indeed.
Think any of the yo-yo's posting here read Maffei's comments concerning SIRI at last weeks UBS conference? Thats why there CLUELESS.