John Malone's Liberty Media Mulls Growing Its Stake in Sirius XM (Report)

By Georg Szalai NY - John Malone's Liberty Media thinks about the problem about growing its stake in satellite radio firm Sirius XM Radio in the year, the NY Publish reported. After saving the business within the fringe of personal personal bankruptcy a couple of yrs ago, Liberty gets early-stage discussions about adding to the forty percent stake in Sirius, the paper mentioned stating an origin near the situation. Reps for companies didn't return messages seeking comment, it mentioned. The other day, Liberty Boss Greg Maffei and chairman John Malone saved their options on Sirius open. Before an investor day on Thursday, they introduced a mixture of monitoring stocks Liberty Starz and Liberty Capital. Experts mentioned this might permit the organization to spin off its stake in Sirius and possibly merge it into Sirius. Maffei also layed out the strong performance and possible upside in Sirius, signaling that Liberty could alternatively increase its acquisition of Sirius. The Publish layed out that Liberty could increase its Sirius stake to 49.9 %, but you will discover tax implications together with other disadvantages. After March though, these complaints disappear. Email: Georg.Szalai@thr.com Twitter: @georgszalai Related Subjects John Malone Liberty Media Sirius XM Radio