Liberty Media (LMCA) to Acquire Formula 1 for $4.4B - CNBC

September 7, 2016 5:05 PM EDT
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Liberty Media (NASDAQ: LMCA) will purchase Formula 1 for 4.4 billion, according to CNBC. Liberty will hold an 18.7% stake right away, with full ownership expected in Q1, 2017.

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