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BUSINESS BRIEFS.(TO THE POINT)
MEDIA
Vivendi suitors told to raise offers
The French media giant wants $11 bil or more for its U.S. entertainment assets, minus its music unit, in the second round of bidding. Front-runners include Liberty Media, MGM and Viacom, with bids in the $10-11 bil range. Oil billionaire Marvin Davis, the only bidder cut from the process so far, may find backers and return with higher bid.
** GE's NBC unit will fail in its bid for a partnership, some say, because Vivendi needs the cash that an outright sale would bring.
AOL selling a 64% China TV stake
The U.S. media giant will get $37 mil from Tom.com, a Chinese Web firm owned by Asia's richest man, Li Ka-shing. It's part of a bigger pullback by AOL from the Chinese market. A year after launching, China TV is still losing money and has just 2% of the market. AOL will keep the remaining 36% and has the right to buy back the 64% in '07.
TECHNOLOGY
- Liberty Media Corporation to Acquire QVC, Inc.
- Press release article from: PR Newswire July 3, 2003 700+ words
Liberty Media Corporation announced today that it has...supercedes the buy-sell process initiated by Liberty Media earlier this year under the QVC stockholders' agreement between Liberty Media and Comcast. The purchase price for Comcast...
- Liberty Media Completes Acquisition of Controlling Interest in UnitedGlobalCom;...
- Press release article from: PR Newswire January 5, 2004 700+ words
...UnitedGlobalCom, Inc. (United) , and Liberty Media Corporation today announced that Liberty Media has acquired all of the outstanding shares...have transferred their Class B shares to Liberty Media in exchange for 12,576,968 shares...
- Liberty Media owns a little bit of everything.(Brief Article)(Company Profile)
- Magazine article from: Denver Business Journal BRYER, AMY October 20, 2000 700+ words
Liberty Media Group and its master, John Malone...everything. Douglas County-based Liberty Media, owned by AT&T, had a recent...Communications International Inc. Liberty Media President and CEO Robert Bennett said...
- Liberty Media Corporation Finalizes Terms for Previously Announced Rights...
- Press release article from: PR Newswire November 1, 2002 700+ words
Liberty Media Corporation announced today that it...On or about November 4, 2002, Liberty Media will distribute the prospectus, certificates...date for the rights offering), of Liberty Media Series A and Series B common stock...
- Liberty Media Corporation Agrees to Acquire UnitedGlobalCom, Inc. Class B...
- Press release article from: PR Newswire August 19, 2003 700+ words
Liberty Media Corporation today announced that it has...agreed to transfer their Class B shares to Liberty Media in exchange for 12,576,966 shares of Series A Common Stock of Liberty Media and a cash payment of approximately 50...
- Liberty Media Corporation Mails Notice of Intent to Shareholders for Previously...
- Press release article from: PR Newswire October 21, 2002 700+ words
Liberty Media Corporation announced today that it...mailed a Notice of Intent to holders of Liberty Media's Series A and Series B common stock...the Notice, holders of record of Liberty Media Series A and Series B common stock...
- Liberty Media Corporation Signs Definitive Agreements with Deutsche Telekom AG.
- Press release article from: PR Newswire September 4, 2001 700+ words
...Colo., Sept. 4 /PRNewswire/ -- Liberty Media Corporation (NYSE: LMC.A and LMC...from Deutsche Telekom AG. Further, Liberty Media will acquire a 100% ownership interest...cable operations to be acquired by Liberty Media pass 15 million homes and serve approximately...
- Liberty Media Corporation Announces Plan to Separate International Businesses.
- Press release article from: PR Newswire March 15, 2004 700+ words
Liberty Media Corporation today announced that it intends...create a new publicly-traded company called Liberty Media International, Inc. (LMI). LMI will be comprised of Liberty Media's interests in various broadband and content...
- Liberty Media Corporation Announces Issuance of $1 Billion in Senior Notes.
- Press release article from: PR Newswire April 30, 2003 700+ words
Liberty Media Corporation today announced that it...billion of 10-year Senior Notes. Liberty Media expects to use the net proceeds from...will be redeemable at the option of Liberty Media at the greater of par or a makewhole...
- Liberty Media Corporation 2008 Investors' Meeting - Final.(Broadcast transcript)
- News wire article from: Fair Disclosure Wire September 26, 2008 700+ words
...access to capital on terms acceptable to Liberty Media. These forward-looking statements...of the date of this presentation and Liberty Media expressly disclaims any obligation...contained herein to reflect any change in Liberty Media's expectations with regard thereto...
