I see a box checked that they have ceased a 5% ownership of LMCA on page 7 Item 5
Just a day or two ago I believe some talking heads on CNBC said they thought LMCA would be a reasonable take out target.
I gave it about as much thought as Apple buying Tesla.
Looks like they may have had a larger stake or they are claiming to not go over 5% as per the wording of more than 5%...
Item 7 shows the actual # of sharesQuote:
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following
Comcast QVC, Inc. owns 4,508,386 shares of Series A Liberty Capital Common Stock.
Berkshire with their 5,300,000 shares owns 5.1% of LMCA.
I just wish my $3.58 sell hada went through yesterday!!!:poop::topicsucks: And not even a kiss of $3.60 today:banghead: I'm telling ya'll Mel learned about the words "I'd love to take the company PRIVATE" from someone else, Ain't that right Big M? When one shareholder controls everything, what's that make you sooner or later? A "PRIVATE" club that we paid for, Stolen for pennies...through manipulation of the media (He's a media Mogul, media influences the masses) which could be used to influence the share price used correctly. With the amount of shares they own I would think they could make the stock price be whatever they wanted( behind closed doors of course ), especially to the down side to buy the company. Seems pure out illegal to me. I never agreed to be up for sell, we took a loan out. Meyers need to tell ole John, to stick it where the sun don't shine!!! I don't see it going that way, and it sucks, they are destroying us so we will leave, and they can swoop in and take all that us true bloods worked to build and believed in, for pennies on the dollar!!! Whaa!!!Whaa!!! Whaa!!!
We better have an answer to this mess by the end of the month or I think I`m out. Hope this M-r - F-r chokes on Something.
I wonder what JANA Partners' intentions are. Here's a clip of an old article that tickled my cockles.
"When companies see Jana Partners coming, they get the willies.
So who are these guys?
Jana Partners is among a growing class of cage-rattling investors – the in vogue term is “activist” investors – that also includes Bill Ackman and Ralph Whitworth of Relational Investors.
The activist M.O. is to scoop up corporate investments and then loudly clamor for sales of laggard businesses, stock buybacks or major strategic shifts they hope will juice the companies’ value."
Sad that my hopes rely on an outside entity
I'll take any "cage-rattling" I can get, given SIRI mgmt.'s sitting on their hands. But how effective can the cage-rattling be when that weasel Malone owns +50% of the voting shares?
Maybe Redcloud will get his 3.60 today.... Better late than never