John Malone's Liberty Media Corp said on Tuesday its stockholders have approved a split-off of the businesses under its Liberty Capital (LCAPA.O) and Liberty Starz (LSTZA.O) tracking stocks. Liberty Media recently changed the name of the entity to be split off from Liberty Splitco Inc to Liberty CapStarz Inc. Malone's Liberty Media, which owns media companies such as QVC and Starz Entertainment alongside numerous equity stakes, has traditionally traded under three or four stocks that track particular assets. Its Liberty Interactive (LINTA.O) for example tracks the performance of its QVC home shopping channel, e-commerce businesses like Bodybuilding.com, Backcountry.com and a stake in Expedia.
Liberty Media Corporation is a holding company, and through its subsidiaries, is engaged in the video and online commerce, media, communications and entertainment industries. Shares of LCAPA traded higher by 2.17% or $1.92/share to $90.24. In the past year, the shares have traded as low as $37.54 and as high as $89.99. On average, 467136 shares of LCAPA exchange hands on a given day and today's volume is recorded at 408459.
Liberty Media Corporation is a holding company, and through its subsidiaries, is engaged in the video and online commerce, media, communications and entertainment industries. Shares of LSTZA fell by 0.67% or $-0.51/share to $75.28. In the past year, the shares have traded as low as $48.17 and as high as $80.21. On average, 276939 shares of LSTZA exchange hands on a given day and today's volume is recorded at 167497.
Liberty Media Corporation is a holding company, and through its subsidiaries, is engaged in the video and online commerce, media, communications and entertainment industries. Shares of LINTA fell by 1.66% or $-0.29/share to $17.23. In the past year, the shares have traded as low as $10.08 and as high as $18.65. On average, 4285660 shares of LINTA exchange hands on a given day and today's volume is recorded at 4152523.
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