Liberty Media zooms into pole position with F1 deal

11th September, 2016
4
Liberty Media is set to buy the company that owns Forumla One

Liberty Media, which is owned by US cable television entrepreneur John Malone, has struck a deal to buy the company that controls Formula One.

“The transaction price represents an enterprise value for Formula One of $8 billion and an equity value of $4.4 billion.”

Liberty Media statement

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