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An announcement from Liberty Media Liberty Formula One (FWONA) is now available.
Liberty Media Corporation has announced the approval of a redemptive split-off of Liberty Sirius XM Holdings Inc. by its Series A and Series B Liberty SiriusXM common stockholders in a virtual special meeting. This strategic move will result in Sirius XM Holdings becoming a wholly owned subsidiary of the newly formed SplitCo, marking a significant restructuring aimed at captivating the interest of stock market enthusiasts and investors.
For detailed information about FWONA stock, go to TipRanks’ Stock Analysis page.