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Evite

February 12, 2011 by staff 

Evite, Liberty Media Corporation (Nasdaq: LCAP, LCAPB, LINTA, LINTB, LSTZA, LSTZB) announced that its Board of Directors approved the change in the allocation of the group Liberty Capital tracking stock for the group Liberty Interactive tracking stock as follows, effective February 9th:

And about 1.138 billion principal amount of Liberty Media LLC 3.125% exchangeable senior debentures due 2023 (the “Exchange Notes”);
Following titles, which collectively represent the basket of securities in which the Notes are exchangeable:
21,785,130 shares of Time Warner Inc. common stock;
5,468,254 shares of Time Warner Cable Inc. common;
1,980,425 shares of AOL, Inc. common stock and
And 263.8 million in cash.
This change in allocation has no effect on the assets and liabilities attributed to the Liberty Group tracking stock Starz, or effect of any change to the debtor exchangeable notes, which is Liberty Media LLC.

About Liberty Media Corporation Liberty Media owns interests in a wide range of electronic retailing, media, communications and entertainment. Those interests are attributed to three tracking stock groups: (1) the Liberty Interactive Group (Nasdaq: LINTA, LINTB), which includes Liberty Media’s interests in QVC, Provide Commerce, Backcountry.com, BUYSEASONS, Bodybuilding.com, Evite, and Expedia (2), the Liberty Group Starz (Nasdaq: LSTZA, LSTZB), which includes interest in Liberty Media’s Starz, LLC, and (3) the Liberty Capital Group (Nasdaq: LCAP, LCAPB) which includes all businesses, assets and liabilities not attributed to the Interactive Group or the Group including its subsidiaries Starz Atlanta National League Baseball Club, Inc., and TruePosition, Inc., Liberty Media’s interest in SIRIUS XM Radio Inc., and minority stakes in Time Warner Inc. and Live Nation.

Additional Information

Nothing in this press release constitute a solicitation to buy or an offer to sell shares of Liberty Media stock or stocks of the entity in the division of Liberty Media, who own the assets and liabilities of the Liberty Capital and Liberty Starz tracking stock groups. The offer and sale of shares in the proposed split-off will be affected pursuant to a registration statement in effect. Shareholders and other investors are urged to read the registration statement must be filed with the SEC, including the proxy statement / prospectus contained therein, because it will contain important information about the transaction. A copy of the registration statement and proxy statement / prospectus, once filed, is available free on the SEC website (http://www.sec.gov). Copies of the proxy statement / prospectus and the filings with the SEC that are incorporated by reference in the proxy statement / prospectus can also be obtained, without charge, by directing a request to Liberty Media Corporation, 12300, Liberty Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Phone: (720) 875-5408.

Participants to an invitation :The directors and officers of Liberty Media and others may be considered participants in the solicitation of proxies in respect of proposals to approve the split. Information about the directors of Liberty Media and leaders, those of the split-off entity and other participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be available in documents proxy to be filed with the SEC.

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