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Liberty rings in new stock.(Liberty Media plans buy stocks from QVC and appoints Gregory Maffei )
Daily Variety, November, 2005 by Goldsmith, Jill
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In its ongoing quest to simplify and streamline, John Malone's Liberty Media has unveiled plans for a separate tracking stock to house its interactive assets led by QVC and including stakes in Barry Diller's IAC/InterActiveCorp and Expedia. Liberty also named former Oracle prexy and finance chief Gregory Maffei as CEO.
He will assume the title next year, replacing outgoing chief exec Robert Bennett. Maffei was a former CEO of 360Networks and former chief financial officer of Microsoft The new "tracker" comes as Liberty continues to shift away from its past as a ...
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