Liberty Media to split off Atlanta Braves stock on July 18

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Liberty Media to split off Atlanta Braves stock on July 18
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Liberty Media Corp. said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves...

Liberty Media Corp.

said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves Holding Inc. on July 18 after the market close. It also expects to complete its previously announced reclassification of Liberty Media’s existing common stock and the creation of the new Liberty Live common stock on Aug. 3 after market close. The changes will go to a vote at a special shareholder meeting on July 17.

said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves Holding Inc. on July 18 after the market close. It also expects to complete its previously announced reclassification of Liberty Media’s existing common stock and the creation of the new Liberty Live common stock on Aug. 3 after market close. The changes will go to a vote at a special shareholder meeting on July 17.

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