MLB News & Notes (other than Cubs or Sox)

[rok]

Probably heresy but I would consider investing in this as well as the BAM Tech IPO:

A move Nov. 12 by the Atlanta Braves parent company could set the stage for the team to be spun off, a securities analyst says.

Liberty Media Corp. (Nasdaq: LMCA), which owns the Braves, said Thursday it is creating a tracking stock for the Braves and for its two other principal businesses, Sirius XM Holdings Inc. and Live Nation Entertainment Inc.

A tracking stock is actually not an official spin-off asset, said Jeffrey Wlodarczak, founder and CEO of New York-based Pivotal Research Group LLC. Basically a tracking stock is a tool for a company to highlight specific asset within the larger company.

Liberty Braves will still be part of Liberty Media, he said.