Âé¶¹×îгöÆ· Media Announces When-Issued Trading Information for New Tracking Stock
ENGLEWOOD, Colo., Feb. 28 /PRNewswire-FirstCall/ -- Âé¶¹×îгöÆ· Media Corporation (Nasdaq: LINTA/B and LCAPA/B) (Âé¶¹×îгöÆ·) has been advised by Nasdaq that shares of Series A Âé¶¹×îгöÆ· Entertainment tracking stock and Series B Âé¶¹×îгöÆ· Entertainment tracking stock will trade, on a when-issued basis, on the OTC Bulletin Board under the symbols "LMDAV" and "LMDBV," respectively, on March 3, 2008. Shares of Âé¶¹×îгöÆ· Entertainment tracking stock are intended to be issued in the previously announced reclassification of Âé¶¹×îгöÆ· Capital common stock into a reclassified Âé¶¹×îгöÆ· Capital tracking stock and a new Âé¶¹×îгöÆ· Entertainment tracking stock. The completion of the reclassification is subject to certain conditions, including the receipt of a tax opinion and the filing of Âé¶¹×îгöÆ·'s amended charter with the Delaware Secretary of State. If the reclassification is completed, it is expected that the Series A Âé¶¹×îгöÆ· Entertainment tracking stock and Series B Âé¶¹×îгöÆ· Entertainment tracking stock will begin regular way trading on the Nasdaq Global Select Market under the symbols "LMDIA" and "LMDIB," respectively, on March 4, 2008.
Additional Information
Nothing in this release shall constitute a solicitation to buy or an offer to sell shares of the reclassified Âé¶¹×îгöÆ· Capital tracking stock or Âé¶¹×îгöÆ· Entertainment tracking stock. The offer and sale of Âé¶¹×îгöÆ·'s tracking stocks in the proposed reclassification will only be made pursuant to Âé¶¹×îгöÆ·'s effective registration statement. Âé¶¹×îгöÆ· stockholders and other investors are urged to read the registration statement, including the proxy statement/prospectus contained therein, filed by Âé¶¹×îгöÆ· with the SEC, because it contains important information about the transaction. A copy of the registration statement and the proxy statement/prospectus are available free of charge at the SEC's website ().
About Âé¶¹×îгöÆ·
Âé¶¹×îгöÆ· owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. Those interests are attributed to two tracking stock groups: the Âé¶¹×îгöÆ· Interactive group, which includes Âé¶¹×îгöÆ·'s interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the Âé¶¹×îгöÆ· Capital group which includes Âé¶¹×îгöÆ·'s interests in DirecTV, Starz Entertainment, Time Warner and Sprint. For more information, please see .
SOURCE Âé¶¹×îгöÆ·
Released February 28, 2008