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Liberty shareholders to vote on F1 purchase plan
Liberty Media's shareholders have been called to a meeting early next month to vote on proposals to push through with its planned purchase of Formula 1. The American media company has a 19.1 percent stake in the F1 company and, providing it gets clearance from anti-trust authorities, then it intends to take a controlling interest next year and rename itself the Formula One Group. Although Bernie Ecclestone suggested last week he was unsure if the deal would go ahead as originally planned, Liberty announced on Friday that its shareholders will gather on January 17 to discuss the matter. It stated that at the meeting the shareholders will "vote on proposals relating to Liberty's issuance...
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9y ago from Motorsport.com
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