WELLINGTON, NEW ZEALAND - OCTOBER 09: Lock Dan Vickerman of Australia celebrates following his team's victory during quarter final three of the 2011 IRB Rugby World Cup between South Africa and Australia at Wellington Regional Stadium on October 9, 2011 in Wellington, New Zealand. (Photo by Cameron Spencer/Getty Images)
Liberty Media Corporation has announced that it has received all required approvals from all appropriate anti-trust authorities in connection with its pending acquisition of Formula One.
Closing of the Acquisition remains conditioned upon approval by Liberty Media's stockholders of the issuance of LMCK shares in connection with the Acquisition at a special meeting scheduled for January 17, 2017 as well as approval from the Fédération Internationale de l'Automobile, (FIA) the governing body of Formula One.
The acquisition is still expected to close before the end of the first quarter in 2017.