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Liberty Media Completes Recapitalization Into Three Tracking Stocks Today Liberty Media Corporation (“Liberty”)

The following excerpt is from the company's SEC filing.

(Nasdaq: LMCA, LMCB, LMCK) completed a previously announced transaction whereby it recapitalized its existing common stock into three new tracking stocks: the Liberty Braves common Stock, the Liberty Media common Stock and the Liberty SiriusXM common Stock (the “recapitalization”). In the recapitalization, each issued and outstanding share of Liberty’s existing common stock was reclassified and exchanged for (a) 1 share of the corresponding series of

Liberty SiriusXM common stock, (b) 0.1 of a share

Liberty Braves common stock and (c) 0.25 of a share

Liberty Media common stock.

Lib erty anticipates that the newly issued shares will commence trading or quotation in the regular way on the Nasdaq Global Select Market or the OTC Markets, as applicable, on Monday, April 18, 2016 under the following symbols:

Tracking Stock


Series A Liberty SiriusXM common stock

Series B Liberty SiriusXM...