Âé¶¹×îгöÆ· Media Announces Results of Special Shareholders Meeting
ENGLEWOOD, Colo., Oct. 24 /PRNewswire-FirstCall/ -- Âé¶¹×îгöÆ· Media Corporation, (Nasdaq: LINTA, LCAPA) announced that charter amendment proposals authorizing the reclassification of its Âé¶¹×îгöÆ· Capital common stock into two new tracking stocks have been approved by its shareholders.
The issuance of the new Âé¶¹×îгöÆ· Capital and Âé¶¹×îгöÆ· Entertainment tracking stocks approved at yesterday's meeting is subject to the completion of the previously announced exchange of Âé¶¹×îгöÆ· Media's stock in News Corporation for stock in a newly formed corporate subsidiary of News Corporation that will hold News Corp's DirecTV holdings, three regional sports networks and cash.
About Âé¶¹×îгöÆ·
Âé¶¹×îгöÆ· owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. 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 Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE Âé¶¹×îгöÆ·
Released October 24, 2007