ÎçҹѰ»¨ Media Announces When-Issued Trading Information for New Tracking Stock
ENGLEWOOD, Colo., Feb. 28 /PRNewswire-FirstCall/ -- ÎçҹѰ»¨ Media Corporation (Nasdaq: LINTA/B and LCAPA/B) (ÎçҹѰ»¨) has been advised by Nasdaq that shares of Series A ÎçҹѰ»¨ Entertainment tracking stock and Series B ÎçҹѰ»¨ Entertainment tracking stock will trade, on a when-issued basis, on the OTC Bulletin Board under the symbols "LMDAV" and "LMDBV," respectively, on March 3, 2008. Shares of ÎçҹѰ»¨ Entertainment tracking stock are intended to be issued in the previously announced reclassification of ÎçҹѰ»¨ Capital common stock into a reclassified ÎçҹѰ»¨ Capital tracking stock and a new ÎçҹѰ»¨ Entertainment tracking stock. The completion of the reclassification is subject to certain conditions, including the receipt of a tax opinion and the filing of ÎçҹѰ»¨'s amended charter with the Delaware Secretary of State. If the reclassification is completed, it is expected that the Series A ÎçҹѰ»¨ Entertainment tracking stock and Series B ÎçҹѰ»¨ Entertainment tracking stock will begin regular way trading on the Nasdaq Global Select Market under the symbols "LMDIA" and "LMDIB," respectively, on March 4, 2008.
Additional Information
Nothing in this release shall constitute a solicitation to buy or an offer to sell shares of the reclassified ÎçҹѰ»¨ Capital tracking stock or ÎçҹѰ»¨ Entertainment tracking stock. The offer and sale of ÎçҹѰ»¨'s tracking stocks in the proposed reclassification will only be made pursuant to ÎçҹѰ»¨'s effective registration statement. ÎçҹѰ»¨ stockholders and other investors are urged to read the registration statement, including the proxy statement/prospectus contained therein, filed by ÎçҹѰ»¨ with the SEC, because it contains important information about the transaction. A copy of the registration statement and the proxy statement/prospectus are available free of charge at the SEC's website ().
About ÎçҹѰ»¨
ÎçҹѰ»¨ owns a broad range of electronic retailing, media, communications and entertainment businesses and investments. Those interests are attributed to two tracking stock groups: the ÎçҹѰ»¨ Interactive group, which includes ÎçҹѰ»¨'s interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the ÎçҹѰ»¨ Capital group which includes ÎçҹѰ»¨'s interests in DirecTV, Starz Entertainment, Time Warner and Sprint. For more information, please see .
SOURCE ÎçҹѰ»¨
Released February 28, 2008