Liberty Media Corp., the holding company controlled by billionaire cable magnate John Malone, has offered to buy the 48 percent of Sirius XM Holdings it doesn’t already own in a roughly $10 billion all-stock deal that values the satellite radio company at $27 billion.
A late Friday SEC filing by Liberty Media shows it has retained Baker Botts as outside counsel on the proposed transaction, which would see Sirius XM become a wholly owned subsidiary of Malone’s media giant.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
