Âé¶¹app Media Announces Results of Special Shareholders Meeting
ENGLEWOOD, Colo., Oct. 24 /PRNewswire-FirstCall/ -- Âé¶¹app Media Corporation, (Nasdaq: LINTA, LCAPA) announced that charter amendment proposals authorizing the reclassification of its Âé¶¹app Capital common stock into two new tracking stocks have been approved by its shareholders.
The issuance of the new Âé¶¹app Capital and Âé¶¹app Entertainment tracking stocks approved at yesterday's meeting is subject to the completion of the previously announced exchange of Âé¶¹app Media's stock in News Corporation for stock in a newly formed corporate subsidiary of News Corporation that will hold News Corp's DirecTV holdings, three regional sports networks and cash.
About Âé¶¹app
Âé¶¹app owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the Âé¶¹app Interactive group, which includes Âé¶¹app's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the Âé¶¹app Capital group, which includes Âé¶¹app's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see .
SOURCE Âé¶¹app
Released October 24, 2007