Thursday, June 3, 2010

John Malone Buys $20 Million of Liberty Media Stock

Via Wall Street Journal

Media mogul John Malone last month spent $19.8 million on shares of two stocks that track different segments of Liberty Media Corp., a conglomerate that he controls and serves as chairman.

Those were his first purchases of Liberty Media shares in nearly two years.

Malone bought 790,000 shares of Liberty Media Interactive for $12.43 on May 20, and 257,000 shares of Liberty Media Capital for $38.83 on May 20 and 21. Those moves brought his total direct and indirect holdings of the Interactive and Capital stocks to 4.5 million and 2.5 million shares, respectively, according to data provider Washington Service.

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