The Deal: Liberty Media to Buy 90% of QuintEvents
September 6, 2023
Liberty Media Corp. is acquiring more than 90% of QuintEvents LLC in a deal that values the company at US$313 million. QuintEvents, a provider of official ticket, hospitality, and travel experiences, will be part of Liberty Media’s Formula One Group tracking stock. The deal, which will be funded by Liberty Media with cash on hand, is expected to close by the end of 2023, subject to customary closing conditions. O’Melveny & Myers LLP serves as legal counsel to Liberty Media.
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