Thursday, September 4, 2008

Liberty Media to Make Its DirecTV Stake Publicly Traded Inbox


The Liberty Media Corporation said on Wednesday it planned to spin off
its stake in the DirecTV Group and other assets into a new public
company.
Liberty's 50 percent stake in DirecTV will account for more than 80
percent of the value of the new company, which will be called the
Liberty Entertainment Group.

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