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Selling its entire stake in iHeartMedia
- Liberty Media is exiting the radio business, selling its entire stake in iHeartMedia. According to an iHeartMedia Securities and Exchange Commission filing, Liberty Media offloaded its 5.94 million shares of Class A common stock in an open market block trade in a sale worth upwards of $150 million.
variety.com/2021/music/news/libery-media-sells-iheartmedia-stake-exits-broadcast-radio-1235092953/
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Oct 19, 2021 · Liberty Media is exiting the radio business, selling its entire stake in iHeartMedia. According to an iHeartMedia Securities and Exchange Commission filing, Liberty Media offloaded its...
Oct 20, 2021 · The majority owner of SiriusXM Radio has sold all of its stock in iHeartMedia. In a regulatory filing dated Oct. 7, John Malone’s Liberty Media said it made a block trade of 5,941,248 shares of iHeart’s Class A stock at a share price of $25.25 through a broker on the open market.
Oct 19, 2021 · Liberty Media ended its brief entrée into broadcast radio on Oct. 5 by selling its entire stake in iHeartMedia, the largest radio broadcaster in the United States.
Oct 19, 2021 · After becoming the largest single shareholder of iHeartMedia following its 2018 bankruptcy restructuring, Liberty Media has sold its stake in the company. In an SEC filing dated October 5, Liberty revealed it has sold its remaining stake of 5,941,248 shares at an average price of $25.25 per share netting the company $150,016,512.
Oct 20, 2021 · According to an iHeartMedia Securities and Exchange Commission filing, Liberty Media has exited the broadcast radio industry, selling its entire stake in iHeartMedia. Liberty offloaded its 5.94 million shares of Class A common stock in an open market block trade in a sale worth upwards of $150 million.
Oct 20, 2021 · Colorado-based media and entertainment company Liberty Media has sold off its entire stake in US radio giant iHeartMedia. As Variety reports, an SEC filing from publicly-traded iHeart reveals that Liberty sold 5,941,248 class A shares on October 5.
