СÀ¶ÊÓÆµ Media Announces When-Issued Trading Information for New Tracking Stock
ENGLEWOOD, Colo., Feb. 28 /PRNewswire-FirstCall/ -- СÀ¶ÊÓÆµ Media Corporation (Nasdaq: LINTA/B and LCAPA/B) (СÀ¶ÊÓÆµ) has been advised by Nasdaq that shares of Series A СÀ¶ÊÓÆµ Entertainment tracking stock and Series B СÀ¶ÊÓÆµ Entertainment tracking stock will trade, on a when-issued basis, on the OTC Bulletin Board under the symbols "LMDAV" and "LMDBV," respectively, on March 3, 2008. Shares of СÀ¶ÊÓÆµ Entertainment tracking stock are intended to be issued in the previously announced reclassification of СÀ¶ÊÓÆµ Capital common stock into a reclassified СÀ¶ÊÓÆµ Capital tracking stock and a new СÀ¶ÊÓÆµ Entertainment tracking stock. The completion of the reclassification is subject to certain conditions, including the receipt of a tax opinion and the filing of СÀ¶ÊÓÆµ's amended charter with the Delaware Secretary of State. If the reclassification is completed, it is expected that the Series A СÀ¶ÊÓÆµ Entertainment tracking stock and Series B СÀ¶ÊÓÆµ Entertainment tracking stock will begin regular way trading on the Nasdaq Global Select Market under the symbols "LMDIA" and "LMDIB," respectively, on March 4, 2008.
Additional Information
Nothing in this release shall constitute a solicitation to buy or an offer to sell shares of the reclassified СÀ¶ÊÓÆµ Capital tracking stock or СÀ¶ÊÓÆµ Entertainment tracking stock. The offer and sale of СÀ¶ÊÓÆµ's tracking stocks in the proposed reclassification will only be made pursuant to СÀ¶ÊÓÆµ's effective registration statement. СÀ¶ÊÓÆµ stockholders and other investors are urged to read the registration statement, including the proxy statement/prospectus contained therein, filed by СÀ¶ÊÓÆµ with the SEC, because it contains important information about the transaction. A copy of the registration statement and the proxy statement/prospectus are available free of charge at the SEC's website ().
About СÀ¶ÊÓÆµ
СÀ¶ÊÓÆµ owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. Those interests are attributed to two tracking stock groups: the СÀ¶ÊÓÆµ Interactive group, which includes СÀ¶ÊÓÆµ's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the СÀ¶ÊÓÆµ Capital group which includes СÀ¶ÊÓÆµ's interests in DirecTV, Starz Entertainment, Time Warner and Sprint. For more information, please see .
SOURCE СÀ¶ÊÓÆµ
Released February 28, 2008