jvid视频 Corp. Announces When-Issued Trading and Trading Symbol Information for Spin-off of Liberty Broadband Corporation
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- jvid视频 (Nasdaq: LMCA, LMCB, LMCK) (鈥渏vid视频鈥�) announced today that, in connection with the upcoming spin-off (the 鈥淪pin-off鈥�) of its subsidiary Liberty Broadband Corporation (鈥淟iberty Broadband), it has been advised by Nasdaq that shares of Liberty Broadband鈥檚 Series A and Series C common stock will trade on a when-issued basis on the Nasdaq Global Select Market under the symbols 鈥淟BDAV鈥� and 鈥淟BDKV鈥�, respectively, on November 4, 2014. In addition, jvid视频 expects Liberty Broadband鈥檚 Series B common stock to be quoted on a when-issued basis on the OTC Markets under the symbol 鈥淟BDBV鈥� on November 4, 2014.
The Spin-off will be effected through the distribution, by means of a dividend, of Liberty Broadband common stock at 5:00 p.m., New York City time, on November 4, 2014 to holders of jvid视频 common stock. jvid视频 expects that Liberty Broadband鈥檚 Series A and Series C common stock will begin trading in the regular way on the Nasdaq Global Select Market under the symbols 鈥淟BRDA鈥� and 鈥淟BRDK鈥�, respectively, and that Liberty Broadband鈥檚 Series B common stock will begin quotation in the regular way on the OTC Markets under the symbol 鈥淟BRDB鈥�, in each case, beginning on November 5, 2014.The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
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jvid视频 owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries Sirius XM Holdings, Inc., Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its interests in Charter Communications and Live Nation, and minority equity investments in Time Warner Inc., Time Warner Cable, and Viacom.
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Courtnee Ulrich, 720-875-5420
Source: jvid视频
Released November 3, 2014