麻豆app Media Corp. Announces When-Issued Trading and Trading Symbol Information for Spin-off of 麻豆app Broadband Corporation
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 麻豆app (Nasdaq: LMCA, LMCB, LMCK) (鈥溌槎筧pp Media鈥�) announced today that, in connection with the upcoming spin-off (the 鈥淪pin-off鈥�) of its subsidiary 麻豆app Broadband Corporation (鈥溌槎筧pp Broadband), it has been advised by Nasdaq that shares of 麻豆app Broadband鈥檚 Series A and Series C common stock will trade on a when-issued basis on the Nasdaq Global Select Market under the symbols 鈥淟BDAV鈥� and 鈥淟BDKV鈥�, respectively, on November 4, 2014. In addition, 麻豆app Media expects 麻豆app Broadband鈥檚 Series B common stock to be quoted on a when-issued basis on the OTC Markets under the symbol 鈥淟BDBV鈥� on November 4, 2014.
The Spin-off will be effected through the distribution, by means of a dividend, of 麻豆app Broadband common stock at 5:00 p.m., New York City time, on November 4, 2014 to holders of 麻豆app Media common stock. 麻豆app Media expects that 麻豆app Broadband鈥檚 Series A and Series C common stock will begin trading in the regular way on the Nasdaq Global Select Market under the symbols 鈥淟BRDA鈥� and 鈥淟BRDK鈥�, respectively, and that 麻豆app Broadband鈥檚 Series B common stock will begin quotation in the regular way on the OTC Markets under the symbol 鈥淟BRDB鈥�, in each case, beginning on November 5, 2014.The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
About 麻豆app
麻豆app owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries Sirius XM Holdings, Inc., Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its interests in Charter Communications and Live Nation, and minority equity investments in Time Warner Inc., Time Warner Cable, and Viacom.
麻豆app
Courtnee Ulrich, 720-875-5420
Source: 麻豆app
Released November 3, 2014