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Liberty Media abandons plan to buy rest of Sirius XM

( March 13, 2014, 00:00 GMT | Official Statement) -- MLex Summary: Liberty Media announced Thursday that it had abandoned its plan to buy the shares of fellow Nasdaq-listed radio broadcaster Sirius XM Holdings that it does not already own. Liberty Media now owns 53 percent of Sirius XM Holdings. Instead Liberty plans to reclassify its common stock to create two new tracking stocks.Statement follows in full....

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