All articles tagged with #publicly traded
The Los Angeles Times will become a publicly traded company, announced by owner Patrick Soon-Shiong, aiming to democratize ownership and rebuild trust in media, with the transition expected over the next year.
The Atlanta Braves have become the only publicly traded franchise in Major League Baseball (MLB) after shareholders approved a split from their former parent company, Liberty Media. The Braves, trading under ticker symbols "BATRA," "BATRB," and "BATRK" on Nasdaq, are selling shares at a favorable time with a successful team, a new stadium, and a roster of all-stars. Meanwhile, MLB took over broadcasts of the Arizona Diamondbacks' games after Diamond Sports Group, which owned broadcast rights to 14 MLB teams, filed for bankruptcy. MLB's takeover allows for wider distribution and streaming options for fans.