Liberty Media Spinoff Details

Here are the details of the Liberty Media (LMCA) spinoff of Starz:

  • The spinoff is actually all of Liberty’s assets except Starz.
  • January 14th is the ex-dividend date.
  • The spinco will trade temporarily under the symbols LMCAD and LMCBD on January 14th. It will trade under permanent symbols LMCA and LMCB on January 22.
  • Prior to the spinoff, Liberty will change its name to Starz. The spinco will change its name to Liberty Media Corporation.
  • Starz will trade under the symbol STRZA and STRZB on January 14th.
  • Starz will be interesting after the spinoff because it has put itself on the block for sale.