Archive | September 8th, 2016

Liberty Media Agrees to Formula One Purchase

Posted on 08 September 2016. Tags: , , ,

Liberty Media Group has announced that it has agreed to acquire Formula One from CVC Capital and others. The deal, which values Formula One at $8.0 Billion and a $4.4 billion equity value, will be concluded in stages. An 18.7% minority stake will be acquired initially for $746 million which will be funded in cash […]

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