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I may buy some shares.
Quote:Shares of stock in the Braves are expected to begin trading Monday, according to team owner Liberty Media.
Liberty said it completed a long-in-the-works transaction late Friday to exchange its existing stock for three new tracking stocks one tied to the Braves (Liberty Braves stock), one tied to the companys 61-percent stake in satellite radio provider SiriusXM (Liberty SiriusXM stock) and one tied to the companys other holdings (new Liberty Media stock).
Each share of Libertys existing stock is being exchanged for one share of Liberty SiriusXM stock, 0.1 share of Liberty Braves stock and 0.25 share of the new Liberty Media stock, according to the company.
Liberty anticipates that the newly issued shares will commence trading or quotation in the regular way on Monday, the company said.
The Braves stock will be traded under the symbols BATRA (Series A stock), BATRB (Series B) and BATRK (Series C). The Series A and C shares will trade on the Nasdaq Global Select Market and the Series B shares on the OTC market, Liberty said.
The stock will allow investors and baseball fans to buy and sell shares in the Braves on the open market, like other publicly traded stocks, separate from the rest of the Colorado-based Liberty Media conglomerate. The Braves will become one of the few sports teams in the world with their own publicly traded shares.
The Braves tracking stock is intended to reflect or track the economic performance and value of the team and its stake in a mixed-use development being built alongside a new Cobb County stadium. Both SunTrust Park and the mixed-use development, The Battery Atlanta, are slated to open next year.
At a stockholders meeting in Englewood, Colo., this past week, Liberty Media Chairman John Malone told investors to keep in mind the Braves now are a fairly major real-estate business as opposed to just a baseball club.
He sidestepped a question about the teams valuation, saying: Well see shortly. Well see what the market puts on it.
Liberty announced the tracking-stocks plan in November, but the Braves stock will begin trading against the backdrop of the teams dismal start this season. The Braves had lost nine consecutive games before getting their first win of the season Friday night against the Miami Marlins.
Liberty created the three tracking stocks because its executives believe the combined company has traded at a discount to the value of its parts. Despite having their own stock, the Braves will remain part of the overall Liberty company.
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I honestly believe that ESPN is only interested in him for the drama/attention that he generates. Otherwise he is worthless.
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He got the bullet for the tranny thing.
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Man you really can't publicly have an opinion on anything these days.
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Quote:Man you really can't publicly be a bigot about certain things these days.
FTFY
This is not some silly theory that's unsupported and deserves being mocked by photos of Xena. ![[Image: ITgoyeg.png]](http://i.imgur.com/ITgoyeg.png)
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Who really cares what he thinks? He's just a knucklehead ex baseball player. People just love to be offended these days it's fucked up. Quite often with things like this it's people getting offended on behalf of other people!
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Quote:Who really cares what he thinks? He's just a knucklehead ex baseball player. People just love to be offended these days it's fucked up. Quite often with things like this it's people getting offended on behalf of other people!
I don't care what he thinks, but his employer gives him a microphone to share with the world. If they simply let it slide then they effectively endorse his views. He has every right to say what he wants. That's what free speech is. He does not have the right to continue to be employed if he wants to share his bigotry.
Also, it's people getting offended on behalf of other people? That's wrong how exactly? I take offense when groups of people are wrongly prejudiced against, even if I'm not the target of the prejudice.
This is not some silly theory that's unsupported and deserves being mocked by photos of Xena.
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This is not some silly theory that's unsupported and deserves being mocked by photos of Xena.
Posts: 5,185
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This is not some silly theory that's unsupported and deserves being mocked by photos of Xena.
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As long as ESPN employs that hateful fuck they're telling me they don't want me in their audience.
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Quote:![[Image: HPhhgQO.png]](http://i.imgur.com/HPhhgQO.png)
Came here to post this. Well played.
Signature.
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Good riddance. Not only a bigot, but he's also an awful analyst. Just hearing his voice made me want to turn the channel.
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I don't know enough about baseball to have an opinion on his analysis, stuff like this just bugs me though. Seems like a bit of a mountain out of a molehill but thats just me, I respect what you guys are saying.
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