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SIRI - Q1 2019 Update Of Liberty Sirius Discount To Underlying Assets
Sirius XM Holdings Inc.
Introduction
This article may seem familiar to those that have been following my previous articles on how to calculate the changing discounts of Liberty SiriusXM Series A (LSXMA), Series B (LSXMB) and Series C (LSXMK) tracking stocks. These trackers were created by Liberty Media (FWONA), (FWONK) several years ago in order to unlock the value of its assets in a variety of entities. At the time, Liberty owned the Atlanta Braves (for which another series of tracking stocks was created), a majority interest in Sirius XM Holdings (SIRI