Liberty Media Prices $825.4 Million Public Offering

MT Newswires Live08-21

Liberty Media said Wednesday that it priced a public offering of 10.7 million shares of its series C Liberty Formula One shares at $77.50 per share for gross proceeds of around $825.4 million.

The company said it granted the underwriter an option to buy up to 1.6 million FWONK additional shares.

The offering is expected to close on Thursday.

Price: 23.50, Change: +0.17, Percent Change: +0.73

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