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Liberty Media Corporation Announces Definitive Agreement To Acquire Quintevents

PUBLIC · FWONASep 06, 2023

Acquiring Company

Liberty Media

Acquired Company

QuintEvents

EnglewoodAdvertisingMedia And EntertainmentEventsSportsHospitality

Description

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has entered into a definitive agreement to acquire greater than 90% of QuintEvents, LLC (“Quint”) in a transaction valuing the company at $313 million. Quint will be attributed to Liberty Media’s Formula One Group tracking stock, and the transaction, which is expected to be accretive, will be funded with cash on hand.

Quick answer

Liberty Media is acquiring QuintEvents, announced September 6, 2023. Liberty Media is based in Englewood, Colorado, United States.

How much did Liberty Media pay for QuintEvents?
The deal value was not disclosed.
What does Liberty Media do?
Liberty Media is a leading global media, communications, and entertainment company, which owns a diverse portfolio of businesses focused on the media and entertainment industry.
Where are Liberty Media and QuintEvents based?
Liberty Media is based in Englewood, Colorado, United States.
Who are the decision-makers at Liberty Media?
Fundz holds 2 contacts at Liberty Media. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Liberty Media

Location

12300 Liberty Boulevard

Englewood, Colorado, United States

About

Liberty Media is a leading global media, communications, and entertainment company, which owns a diverse portfolio of businesses focused on the media and entertainment industry. With a strong track record in acquiring and managing sports franchises, Liberty Media seeks to expand its presence within premier motorsports through strategic acquisitions.

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Frequently asked

Who acquired QuintEvents?

QuintEvents was acquired by Liberty Media, based in Englewood. The deal was reported on September 6, 2023. Liberty Media is a leading global media, communications, and entertainment company, which owns a diverse portfolio of businesses focused on the media and entertainment industry. Liberty Media is publicly traded (FWONA) and operates in Advertising.

When did Liberty Media acquire QuintEvents?

Liberty Media's acquisition of QuintEvents was reported on September 6, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does QuintEvents do?

Get sports & event ticket and travel packages to events such as the Super Bowl, Kentucky Derby, NBA All-Star and more! It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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