HFA Icon

Sirius Cash Flow Could Aid Liberty For Time Warner Bid

HFA Padded
Mani
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB)’s proposed acquisition of Sirius XM Holdings Inc. (NASDAQ:SIRI) could aid in bidding for Time Warner Cable Inc (NYSE:TWC), notes Citi in its recent research report.

Sirius XM Radio

Greg Maffei, CEO of Liberty Interactive, recently spoke at Citi’s 24th Annual Global Internet meeting. Jason B. Bazinet and Christopher Lo of Citi summarized the key takeaways in their recent research report.

Liberty intends to make Sirius a wholly owned subsidiary

Last week, Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB) announced its plans to make satellite radio provider Sirius XM Holdings Inc. (NASDAQ:SIRI) a wholly owned unit...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports