Mr John C Malone, chairman of Liberty Media and chief executive officer of Discovery Holding Company has sold 351,734 shares, representing 2.4888% stake in Ascent Media Corp.
The US-based company operates in the consumer products sector. The shares were sold at a price of US$93 each for gross proceeds of US$32.71 million.
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Ascent Capital Group, Inc. is a holding company and owns 100% of its operating subsidiary, Monitronics International Inc.
Full Name: Mr John C Malone
Known as: John C Malone
Year of Birth: 1941
Citizenship: United States
Languages: English
Liquidity Events
25th October 2013: Sale of 351,744 shares in Acsent Media Corp for $32.71 million
9th august 2013: Sale of 110,298 shares in Liberty Global Inc for $8.35 million
8th august 2013: Sale of 94,912 shares in Discovery Communications Inc for $7.12 million
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Profile:
John C. Malone (Malone) is an American businessman and philanthropist who was born in 1941. Mr Malone is the chairman of Liberty Media and chief executive officer of Discovery Holding Company. As of 1 February 2011, Malone surpassed Ted Turner as the largest individual private landowner in the United States, owning 2,100,000 acres (8,500 km2) of land.
