猫咪社区 Announces Completion of Combination of 猫咪社区 Starz and 猫咪社区 Capital Tracking Stocks
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 猫咪社区 (Nasdaq: LCAPA, LCAPB, LSTZA, LSTZB) (鈥溍ㄟ渖缜��) today announced that it completed the elimination of its tracking stock structure by converting (the 鈥淐onversion鈥�) each share of its 猫咪社区 Starz common stock into 0.88129 of a share of the corresponding series of 猫咪社区 Capital common stock, with cash paid in lieu of fractional shares, effective at 5:00 p.m., New York City time on Monday, November 28, 2011. Except with respect to the receipt by 猫咪社区 stockholders of cash in lieu of fractional shares, the Conversion is intended to be tax-free for U.S. federal income tax purposes. As previously announced, in connection with the completion of the Conversion, 猫咪社区鈥檚 two remaining series of common stock, its Series A and Series B 猫咪社区 Capital common stock, will trade under the new Nasdaq symbols LMCA and LMCB, respectively, beginning on Tuesday, November 29, 2011.
About 猫咪社区
猫咪社区 Media owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its interests in Starz, LLC, SiriusXM, Live Nation and Barnes & Noble, and minority equity investments in Time Warner Inc. and Viacom.
猫咪社区
Courtnee Ulrich, 720-875-5420
Source: 猫咪社区
Released November 28, 2011