èßäÉçÇø Media Announces Results of Special Shareholders Meeting
ENGLEWOOD, Colo., Oct. 24 /PRNewswire-FirstCall/ -- èßäÉçÇø Media Corporation, (Nasdaq: LINTA, LCAPA) announced that charter amendment proposals authorizing the reclassification of its èßäÉçÇø Capital common stock into two new tracking stocks have been approved by its shareholders.
The issuance of the new èßäÉçÇø Capital and èßäÉçÇø Entertainment tracking stocks approved at yesterday's meeting is subject to the completion of the previously announced exchange of èßäÉçÇø 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 èßäÉçÇø
èßäÉçÇø owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the èßäÉçÇø Interactive group, which includes èßäÉçÇø's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the èßäÉçÇø Capital group, which includes èßäÉçÇø's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE èßäÉçÇø
Released October 24, 2007