4 Comments

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?

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Is there a relationship between the LBTY trackers and the LXSM/BATR/FWON trackers?

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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

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