Liberty Wins Transfer of Sirius, Helix as Takeover Target: Merger and Acquisitions Recap
Liberty Media Corporation (NASDAQ:LMCA): Current price $120.14
On Friday, Liberty said that it has won an okay from the Federal Communications Commission, for the transfer of de jure control of Sirius XM Radio (NASDAQ:SIRI) to itself. The former anticipates the finalization of the transfer within 60 days. Liberty holds interests in a large range of media, communications and entertainment businesses, among which include its subsidiaries Atlanta National League Baseball Club and TruePosition.