John Malone to restructure Liberty Media, Liberty Interactive

November 12, 2015 2:54 PM

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John Malone to restructure Liberty Media, Liberty Interactive

Media mogul John Malone, known for striking complex deals and running companies with intricate structures, is restructuring two companies he controls using tracking stocks and spinoffs.

Liberty Interactive Corp (QVCA.O), which mainly houses Malone's e-commerce interests, said it would spin-off some of its businesses along with its 18 percent stake in online travel company Expedia Inc (EXPE.O) into two newly-formed units - CommerceHub Inc and Liberty Expedia Holdings Inc.

Also read: Time Inc. Shares Are Surging Today on This Reported Buyout Rejection

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