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Stock impact report

Liberty announces payment of Extraordinary Additional Distribution and adjusted composition of Reference Shares under 0.75% Exchangeable Senior Debentures Due 2043 arising from the acquisi...

LIBERTY VENTURES (LVNTA) 
US:NASDAQ Investor Relations: ir.libertyinteractive.com/events.cfm
Company Research Source: Business Wire
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Interactive LLC ("Liberty"), a subsidiary of Liberty Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA, LVNTB), announces an Extraordinary Additional Distribution to the holders of its 0.75% Exchangeable Senior Debentures due 2043 (the “Debentures”). The amount of the Extraordinary Additional Distribution is $11.9399 per $1,000 original principal amount of Debentures (a “Debenture”), which is attributable to the cash consideration of $18.50 per share paid to former holders of common stock of Time Inc. (“Time”) on January 31, 2018, in connection with the acquisition of Time by Meredith Corporation (“Meredith”). Liberty expects to pay the Extraordinary Additional Distribution on March 1, 2018, to holders of record of the Debentures on February 14, 2018, the special record date for the Extraordinary Additional Distribution. Under the Indenture for th Show less Read more
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