Legally one could argue about "Liberty exiting"; but on a practical level, Liberty Media -- John Malone's creation -- isn't truly exiting unless John Malone (and his family/foundations, etc.) were to divest the roughly 36% of New SiriusXM that he will control, post-closing.
Legally one could argue about "Liberty exiting"; but on a practical level, Liberty Media -- John Malone's creation -- isn't truly exiting unless John Malone (and his family/foundations, etc.) were to divest the roughly 36% of New SiriusXM that he will control, post-closing.
yeah, that's how I see it. also, Berkshire (ted) is "entering" and in a massive way. This is not liberty moving off the investment. It's ditching the disastrous structure that has held value creation back.
Legally one could argue about "Liberty exiting"; but on a practical level, Liberty Media -- John Malone's creation -- isn't truly exiting unless John Malone (and his family/foundations, etc.) were to divest the roughly 36% of New SiriusXM that he will control, post-closing.
yeah, that's how I see it. also, Berkshire (ted) is "entering" and in a massive way. This is not liberty moving off the investment. It's ditching the disastrous structure that has held value creation back.