NEW YORK (Reuters) - John Malone Liberty Media Corp. said on Tuesday that its shareholders have approved a split-off of companies under its Capital of freedom and liberty Starz followed of the stocks.
Liberty Media has recently changed the name of the entity to be separated from Splitco Inc. to Liberty CapStarz Inc. freedom.
Malone Liberty Media, which owns media such as QVC and Starz Entertainment alongside many Holdings companies, has traditionally exchanged during three or four stocks that track of specific assets.
Liberty Interactive example tracks the performance of his home of QVC shopping channel, e-commerce as Bodybuilding.com, Backcountry.com and a stake in Expedia companies.
Liberty CapStarz will probably include pay television company Starz, the baseball club in Atlanta Braves and a stake in Sirius XM Radio Inc. and minority shareholdings in Live Nation Entertainment, Time Warner IncJ and Viacom.
The completion of the split-off depends on a final judgment and other conditions.
(Reporting by Yinka Adegoke.) (Editing by Robert MacMillan)
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