Liberty Media Lays Out Its Plans To Take Control Of Sirius Xm

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.

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  • Liberty Media
    Liberty Media Corporation. Liberty Media Corporation 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 Braves Group and the Formula One Group.
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  • Liberty SiriusXM Group
    A satellite radio company delivering commercial-free music plus sports, entertainment, comedy, talk, news, traffic and weather.
    04/21/2018 - 12:41 am | View Website
  • Sirius XM Satellite Radio | Deadline
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    For Sirius XM shareholders the news of the Liberty Media Sirius XM ... Liberty Media paves the way and lays the ... that Liberty has so much control ...
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