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Prospect News home > News index > List of issuers L > Headlines for Liberty Media Corp. > News item
Published on 3/26/2009 in the Prospect News Special Situations Daily.

Liberty Media sells 1.02 million shares of IAC/Interactive

By Lisa Kerner

Charlotte, N.C., March 26 - Liberty Media Corp. sold 1,020,700 shares of IAC/Interactive Corp. common stock between Feb. 23 and March 23, keeping a 28.6% ownership interest.

The shares were priced from $15.00 to $15.30 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.

Between Jan. 15 and Feb. 20, Liberty Media sold 109,800 shares of IAC/Interactive, reducing its stake in the company to 29.4%.

Liberty Media, an Englewood, Colo., entertainment company, beneficially owns 40,306,301 shares of IAC/Interactive, a New York-based internet company.


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