Liberty media and siriusxm announce transaction to simplify ownership structure of siriusxm

Liberty siriusxm tracking stock group will combine with siriusxm and form a new public company transaction builds on siriusxm's durable foundation and positions company to drive growth and create stockholder value liberty and siriusxm to host conference call today at 8:30 am et englewood, colo. and new york , dec. 12, 2023 /prnewswire/ -- liberty media corporation ("liberty media" or "liberty") (nasdaq: lsxma, lsxmb, lsxmk, fwona, fwonk, llyva, llyvk) and sirius xm holdings inc. (nasdaq: siri) ("siriusxm" or the "company"), the leading audio entertainment company in north america, today announced that they have entered into definitive agreements whereby liberty media's liberty siriusxm tracking stock group (nasdaq: lsxma, lsxmb and lsxmk) (collectively "lsxm"), will be combined with siriusxm to create a new public company ("new siriusxm"), which will continue to operate under the siriusxm name and brand.
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