US

Liberty Media Sells Its Stake In iHeartMedia

After becoming the largest single shareholder of iHeartMedia following its 2018 bankruptcy restructuring, Liberty Media has sold its stake in the company. In an SEC filing dated October 5, Liberty revealed it has sold its remaining stake of 5,941,248 shares at an average price of $25.25 per share netting the company $150,016,512. Liberty had previously […] […]