1 min read
Add as a preferred source on Google

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.

Two blank share certificates aligned on a warm stone surface / TokenPost.ai
Two blank share certificates aligned on a warm stone surface / TokenPost.ai

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.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…