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.
Liberty Media Lays Out Its Plans To Take Control Of Sirius Xm
DAVID LIEBERMAN, Executive Editor, Deadline.com
Thu, 05/31/2012 - 4:43am
Sections: entertainment
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