Thanks for the really good and clear writeup and audio. Two questions: (1) Why did you omit the BATRB and FWONB tickers? (2) Given that most of Malone's holdings are in the Series B tickers (which he pretty much owns completely), what do you think this portends for the pending spinoff? The way I see this opportunity, the key will be how they allocate their holdings among the new tickers. Malone will structure this for his benefit (nothing wrong with that) but Berkshire (who own only Series A & K tickers) isn't going to be shortchanged. This all leads to the key question: Will any of the tickers be advantaged in the forthcoming spinoff/restructure?
Sam thanks for the comments and the questions! Yes, those two are also tracker tickers for the Braves and Formula One. Thanks for the addition. As far as which tickers could be advantaged post spin-off, its hard to know right now. We plan on watching as the situation unfolds. Stay tuned!
Thanks for the really good and clear writeup and audio. Two questions: (1) Why did you omit the BATRB and FWONB tickers? (2) Given that most of Malone's holdings are in the Series B tickers (which he pretty much owns completely), what do you think this portends for the pending spinoff? The way I see this opportunity, the key will be how they allocate their holdings among the new tickers. Malone will structure this for his benefit (nothing wrong with that) but Berkshire (who own only Series A & K tickers) isn't going to be shortchanged. This all leads to the key question: Will any of the tickers be advantaged in the forthcoming spinoff/restructure?
Sam thanks for the comments and the questions! Yes, those two are also tracker tickers for the Braves and Formula One. Thanks for the addition. As far as which tickers could be advantaged post spin-off, its hard to know right now. We plan on watching as the situation unfolds. Stay tuned!
Is there a relationship between the LBTY trackers and the LXSM/BATR/FWON trackers?
Any updates on this episode? I just wrote briefly about it, would love to get your comments.
https://mustardseedvalue.substack.com/p/liberty-media-special-situation