Getting your player ready...
Liberty Media Corp. announced today that its board has voted unanimously to combine Liberty Starz and Liberty Capital tracking stock groups, a move that will bring together subsidiaries such as the Atlanta Braves and the Starz network.
Shares of its Liberty Starz common stock will be converted into 0.88129 of a share of the Liberty Capital common stock effective at 5 p.m. EST Nov. 28.
A company statement said that the Douglas County-based media conglomerate will trade as an asset-backed security.
