Liberty Media Closes Offering of Series C Liberty Formula One Common Shares

MT Newswires Live08-26

Liberty Media (LSXMA) said Monday it has closed a public offering of shares of its Series C Liberty Formula One common stock (FWONK) at $77.50 per share, for gross proceeds of about $949.2 million.

Liberty Media said that with the underwriter exercising its option to buy additional shares in the offering, it sold a total of more than 12.2 million FWONK shares.

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