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Liberty Media Shares Rise 8% as It Moves to Buy Malone’s Super-Voting Shares
Liberty Media, the owner of Formula 1, tied the purchase to an effort to simplify its corporate structure.

Liberty Media shares (FWONA) rose 8% Thursday, Nov. 5, after the company announced it is buying John Malone’s super-voting share class. The company tied the transaction to an effort to simplify its corporate structure.