Liberty Media Adds 1.5%

Liberty Media is up 1.5% after the company said it received all required approvals from all appropriate anti-trust authorities in connection with its pending acquisition of Formula 1.

Closing of the acquisition remains conditioned on approval by Liberty Media’s stockholders of the issuance of LMCK shares in connection with the acquisition at a special meeting scheduled for January 17 and approval from the Federation Internationale de l’Automobile, the governing body of Formula 1. The acquisition is still expected to close before the end of Q117.

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