Comment on Liberty Media Lays Out Its Plans To Take Control Of Sirius XM

Liberty Media Lays Out Its Plans To Take Control Of Sirius XM

In an SEC filing this morning, John Malone’s company says that it will convert enough of its preferred shares in the satellite radio provider into common shares to give it 32% of the total votes. Then “as soon as practicable” it will nominate and campaign for a slate of directors that would constitute a majority of the board.

 

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