Liberty media corporation announces definitive agreement to acquire quintevents

Englewood, colo.--(business wire)--liberty media corporation (“liberty media”) (nasdaq: lsxma, lsxmb, lsxmk, fwona, fwonk, llyva, llyvk) announced today that it has entered into a definitive agreement to acquire greater than 90% of quintevents, llc (“quint”) in a transaction valuing the company at $313 million. quint will be attributed to liberty media's formula one group tracking stock, and the transaction, which is expected to be accretive, will be funded with cash on hand.
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