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Liberty Media Liberty Formula One ( (FWONA) ) has issued an update.
On September 9, 2024, Liberty Media Corporation successfully completed the spin-off of its subsidiary, Liberty Sirius XM Holdings Inc., now an independent entity known as Sirius XM Holdings Inc. Following the spin-off, a merger took place, making Sirius XM a wholly owned subsidiary of the newly independent company. The stock of the original Liberty SiriusXM was delisted from Nasdaq, and the new Sirius XM Holdings began trading under the symbol “SIRI”. This strategic move aims to streamline operations and enhance shareholder value.
For a thorough assessment of FWONA stock, go to TipRanks’ Stock Analysis page.