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Billionaire John Malone Pursues 49 Percent Stake In Formula One

  • Aired: 1/13/2014
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Synopsis >

Billionaire John Malone is feeling the need for speed. Malone's Liberty Global and Discovery Communications wants to take a 49% stake in Formula One. Formula One's biggest shareholders are the London based CVC Capital Partners and Lehman Brothers. Formula One says it is open to talking with Malone, but there is one big hurdle: valuation.

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