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- On December 12, 2023, Liberty Media Corporation and Sirius XM Holdings Inc. (SIRI) announced a redemptive split-off of Liberty Sirius XM Holdings Inc. ("New Sirius") which became effective at 4:05 PM ET on September 9, 2024.
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Sep 4, 2024 · The Split-Off and the Merger will create a new public company which will continue to operate under the Sirius XM name and brand. The shares of New Sirius common stock will be listed on the...
- Split-Off of Liberty Sirius XM Holdings Approved at Liberty ...
Following the Split-Off, New Sirius will combine with Sirius...
- Split-Off of Liberty Sirius XM Holdings Approved at Liberty ...
Sep 9, 2024 · ENGLEWOOD, Colo. & NEW YORK--(BUSINESS WIRE)-- Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc. (Nasdaq: SIRI) announced that they completed the split-off (the “Split-Off”) of Liberty Sirius XM Holdings Inc. (“New Sirius”) today at 4:05 p.m., New York City time.
Dec 12, 2023 · Under the terms of the transaction, Liberty will separate LSXM by means of a redemptive split-off of a new subsidiary of Liberty ("SplitCo"), which will hold its shares of SiriusXM and approximately $1.7 billion of estimated attributed net liabilities.
Sep 4, 2024 · Following the Split-Off at 6:00 p.m., New York City time, on September 9, 2024, a wholly owned subsidiary of New Sirius will merge with Sirius XM (the “Merger”), and Sirius XM stockholders (other than New Sirius and its subsidiaries) will receive one-tenth (0.1) of a share of New Sirius common stock, with cash paid in lieu of any fractional shares.
Aug 23, 2024 · Following the Split-Off, New Sirius will combine with Sirius XM Holdings Inc. ("Sirius XM") to create a new public company which will continue to operate under the Sirius XM name and brand.
Aug 23, 2024 · Following the Split-Off, New Sirius will combine with Sirius XM Holdings Inc. (“Sirius XM”) to create a new public company which will continue to operate under the Sirius XM name and brand. Assuming the requisite conditions to the Split-Off are satisfied or waived, as applicable, at 4:05 p.m.,
Jan 17, 2024 · Under the terms of the transaction, Liberty will separate LSXM through a redemptive split-off of a new subsidiary of Liberty (“SplitCo”), which will hold its shares of SiriusXM and...
