New details about the Formula One purchase trickled out last night after the buyer, Liberty Media Corp., agreed to the takeover. The U.S.-based entertainment and telecommunications giant will initially pay $4.4 billion for a controlling stake in the franchise, The Guardian reports, and a familiar white-haired figure will keep his job. The cash-and-stock deal wrestles […]
The post Formula One Takeover Details: Bernie's Still the Boss, New Chairman Announced appeared first on The Truth About Cars.
from The Truth About Cars http://ift.tt/Jh8LjA
Put the internet to work for you.
No comments:
Post a Comment