F1 owner Liberty Media raises $500,000,000 for buying spree
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A dedicated company, Liberty Media Acquisition Corporation, has been created for the purpose, and it will be listed on the NASDAQ stock exchange from Friday.The new entity is a «SPAC» – a special purpose acquisition or shell company, formed to gF1 owner Liberty Media raises $500,000,000 for buying spree
A dedicated company, Liberty Media Acquisition Corporation, has been created for the purpose, and it will be listed on the NASDAQ stock exchange from Friday.The new entity is a «SPAC» – a special purpose acquisition or shell company, formed to generate funds via a public offering with which to buy another company.The cash will be raised through the sale of 50,000,000 shares at an initial ...Keep reading Read more