Liberty Sirius Tracking Stock Offers 5% Return to Deal Close on Monday

What is Happening

• Liberty Sirius Tracking Stock (LSVX) is offering a 5% return to investors who hold the stock through the deal's closing date on Monday, March 6.
• The offer is being made to incentivize investors to hold onto their shares until the deal closes, which will see Liberty Sirius merge with Sirius XM Holdings (SIRI).
• The merger is expected to close on Monday, March 6, and Liberty Sirius shareholders will receive 0.2525 shares of Sirius XM common stock for each Liberty Sirius share they own.

Why it Matters

• The 5% return is a nice bonus for investors who are already planning to hold onto their Liberty Sirius shares until the merger closes.
• The merger is expected to create a stronger combined company with a larger market share and more resources to invest in new content and technology.
• The merger is also expected to lead to cost savings, which could benefit both Liberty Sirius and Sirius XM shareholders in the long run.

Next Steps

• Investors who are interested in receiving the 5% return should hold onto their Liberty Sirius shares until the deal closes on Monday, March 6.
• After the deal closes, Liberty Sirius shareholders will receive 0.2525 shares of Sirius XM common stock for each Liberty Sirius share they own.
• Investors who are not interested in receiving the 5% return can sell their Liberty Sirius shares before the deal closes on Monday, March 6.