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Author Topic: Liberty Media Claims to Have Cleared Anti-trust Hurdle.  (Read 995 times)

Offline cosworth151

Liberty Media Claims to Have Cleared Anti-trust Hurdle.
« on: December 18, 2016, 02:44:14 PM »
Liberty Media claims that it has gotten anti trust  clearance for its takeover of Formula 1:

"Liberty Media Corporation... has received all required approvals from all appropriate anti-trust authorities in connection with its pending acquisition of Formula 1," the company said in a statement. "Closing of the acquisition remains conditioned upon approval by Liberty Media's stockholders of the issuance of LMCK shares in connection with the acquisition at a special meeting scheduled for Jan. 17, 2017 and approval from the Fédération Internationale de l'Automobile, the governing body of Formula 1. The acquisition is still expected to close before the end of the first quarter in 2017."

I'll wait and see if it's true.

http://www.racer.com/f1/item/137251-f1-liberty-media-secures-anti-trust-approval


“You can search the world over for the finer things, but you won't find a match for the American road and the creatures that live on it.”
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Offline Andy B

Re: Liberty Media Claims to Have Cleared Anti-trust Hurdle.
« Reply #1 on: December 19, 2016, 05:48:38 AM »
I never expected anything else to be honest as they must have been aware that there was going to be an investigation. It'll be interesting to see what they are going to bring to the party which I'm not going to try and guess at but don't let me stop you!  :crazy:
Once you have retired every day is a Saturday!

 


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