Media corporations billionaire John Malone's Liberty Media buys shares in Formula One Group Company.
According to Auto, Motor und Sport, Liberty Media first payment is $ 8.5 billion. Formula One Management CEO Bernie Ecclestone, who was quoted, he expressed confidence that the deal will be closed in a matter of weeks.
John Malone acquires shares of major shareholder Formula One Management — the investment fund CVC Capitals (holder of 35,1% Formula 1 business), as well as several other owners.
The second largest shareholder is the Waddell & Reed with 20.9% of the shares, and Bambino Trust (trust Ecclestone) owns a 8.5% stake, of which 86-year-old person Ekklostoun — 5.3%.
As for John Malone, it is in the billionaires list is the 184 th place, having a fortune of $ 5.8 billion.
Photo: open source
As for John Malone, it is in the billionaires list is the 184 th place, having a fortune of $ 5.8 billion.
Photo: open source
