John Malone in Preliminary Talks About Buying CVC Stake in Formula One -FT
February 03 2014 - 2:56PM
Dow Jones News
John Malone has held preliminary talks with CVC Capital Partners
about buying CVC's roughly 35% stake in Formula One, the Financial
Times reported Monday, citing people familiar with the matter.
The potential transaction could be done by Liberty Media Corp.
(LMCA, LMCB), Liberty Media Corp. (LBTYA, LBTYB) or Discovery
Communications Inc. (DISCA, DISCB, DISCK), the FT reported.
Any deal is expected to value Formula One overall at more than
$9 billion, including debt, the FT reported.
Website: www.ft.com
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