This part is interesting-One suggestion, from Satwaves’ Brandon Matthews is well worth a read. He says: “Liberty Capital recently created Liberty Satellite Radio, in which it transferred its newly acquired Worldspace assets. Through this subsidiary, Liberty could buy Sirius XM, and a new parent company would emerge. Shareholders would likely be bought out for cash or a stake in Liberty Capital. The preferred stake of Liberty could then be spun off to the new Satellite Radio company, avoiding a taxable event. An IPO of a debt free, cash flow generating Liberty Satellite Radio could then follow.”
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