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Liberty Media sells 2.11 million shares of IAC/Interactive
By Lisa Kerner
Charlotte, N.C., Feb. 24 - Liberty Media Corp. sold 2,109,800 shares of IAC/Interactive Corp. common stock between Jan. 15 and Feb. 20, keeping a 29.4% ownership interest.
The shares were priced from $15.00 to $15.18 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.
Between Dec. 18 and Jan. 9, Liberty Media sold 2,447,000 shares of IAC/Interactive, reducing its stake in the company to 31.0%.
Liberty Media, an Englewood, Colo., entertainment company, beneficially owns 41,327,501 shares of IAC/Interactive, a New York-based internet company.
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