Liberty Media Corp. Interactive Common S (LINTA, Financial) filed Quarterly Report for the period ended 2010-06-30.
Liberty Media Corp. Interactive Common S has a market cap of $6.53 billion; its shares were traded at around $11.49 with and P/S ratio of 0.89. LINTA is in the portfolios of Wallace Weitz of Weitz Wallace R & Co, Daniel Loeb of Third Point, LLC, Mason Hawkins of Southeastern Asset Management, Bill Nygren of Oak Mark Fund, Donald Yacktman of Yacktman Asset Management Co., Dodge & Cox, Steven Cohen of SAC Capital Advisors, Chris Davis of Davis Selected Advisers, Jim Simons of Renaissance Technologies LLC, Murray Stahl of Horizon Asset Management, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC, George Soros of Soros Fund Management LLC.
The term "Capital Group" also does not represent a separate legal entity, rather it represents all of our businesses, assets and liabilities that we have attributed to it. The Capital Group has attributed to it all of our businesses, assets and liabilities not attributed to the Interactive Group or the Starz Group, including our subsidiaries Starz Media, ANLBC, TruePosition and minority equity investments in SIRIUS XM, Live Nation, Time Warner Inc. and Sprint Nextel Corporation. In addition, as of June 30, 2010, we have attributed $2,060 million of cash, including subsidiary cash, and $1,888 million principal amount of our exchangeable senior debentures and other parent debt to the Capital Group. The Capital Group will also include such other businesses that our board of directors may in the future determine to attribute to the Capital Group, including such other businesses as we may acquire for the Capital Group.
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Liberty Media Corp. Interactive Common S has a market cap of $6.53 billion; its shares were traded at around $11.49 with and P/S ratio of 0.89. LINTA is in the portfolios of Wallace Weitz of Weitz Wallace R & Co, Daniel Loeb of Third Point, LLC, Mason Hawkins of Southeastern Asset Management, Bill Nygren of Oak Mark Fund, Donald Yacktman of Yacktman Asset Management Co., Dodge & Cox, Steven Cohen of SAC Capital Advisors, Chris Davis of Davis Selected Advisers, Jim Simons of Renaissance Technologies LLC, Murray Stahl of Horizon Asset Management, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC, George Soros of Soros Fund Management LLC.
Highlight of Business Operations:
the change in attribution from the Interactive Group to the Capital Group of Liberty's 14.6% ownership interest in Live Nation Entertainment, Inc.; the change in attribution from the Capital Group to the Interactive Group of the following debt securities: $469 million in principal amount of 4% Exchangeable Senior Debentures due 2029 (the "2029 Exchangeables"); $460 million in principal amount of 3.75% Exchangeable Senior Debentures due 2030 (the "2030 Exchangeables"); and $492 million in principal amount of 3.5% Exchangeable Senior Debentures due 2031 (the "2031 Exchangeables", and together with the 2029 Exchangeables and the 2030 Exchangeables, the "Exchangeable Notes"); the change in attribution from the Capital Group to the Interactive Group of approximately $830 million in net taxable income to be recognized ratably in tax years 2014 through 2018 as a result of the cancellation in April 2009 of $400 million in principal amount of 2029 Exchangeables and $350 million in principal amount of 2030 Exchangeables; and the change in attribution from the Capital Group to the Interactive Group of $807 million in cash. Liberty reflected the Reattribution prospectively in the unaudited attributed financial information. This change in attribution had no effect on the assets and liabilities attributed to the Starz Group.The term "Capital Group" also does not represent a separate legal entity, rather it represents all of our businesses, assets and liabilities that we have attributed to it. The Capital Group has attributed to it all of our businesses, assets and liabilities not attributed to the Interactive Group or the Starz Group, including our subsidiaries Starz Media, ANLBC, TruePosition and minority equity investments in SIRIUS XM, Live Nation, Time Warner Inc. and Sprint Nextel Corporation. In addition, as of June 30, 2010, we have attributed $2,060 million of cash, including subsidiary cash, and $1,888 million principal amount of our exchangeable senior debentures and other parent debt to the Capital Group. The Capital Group will also include such other businesses that our board of directors may in the future determine to attribute to the Capital Group, including such other businesses as we may acquire for the Capital Group.
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