Liberty Media to reclassify shares into three tracking stocks

November 12, 2015 12:38 PM

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Liberty Media to reclassify shares into three tracking stocks

John Malone's Liberty Media Corp said it would reclassify its shares into three new tracking stock groups.

A tracking stock is a type of common stock that "tracks" or depends on the financial performance of a specific business unit or operating division of a company rather than the operations of a company as a whole.

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