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Liberty Media Corporation Agrees to Acquire Formula One – Press Release in Full
Liberty Media Corporation earlier today confirmed the agreement to acquire Formula One. The Liberty Media press release can be found in full here: Liberty Media Corporation and CVC Capital Partners ('CVC') announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC. Liberty Media owns interests in a broad range of media, communications and entertainment businesses. Those interests are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Liberty Braves Group, and the Liberty Media Group. The consideration comprises cash and newly issued shares in the Liberty Media Group tracking...
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