Forbes: Liberty Media To Split-Off Liberty SiriusXM In 3Q24
January 17, 2024
O’Melveny advised Liberty Media on its entry into definitive agreements with Sirius XM Holdings Inc., the leading audio entertainment company in North America, to combine Liberty Media's Liberty SiriusXM tracking stock group with SiriusXM to create a new public company (“New SiriusXM”), which will continue to operate under the SiriusXM name and brand. The transaction was announced on December 12 and is expected to be completed in the third quarter of 2024.
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