Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Restructurings (Tables)

v3.20.2
Acquisitions and Restructurings (Tables)
9 Months Ended
Sep. 30, 2020
Schedule of consideration paid with the acquisition

Pandora common stock outstanding at January 31, 2019

272

Exchange ratio

1.44

Sirius XM Holdings common stock issued

392

Price per share of Sirius XM Holdings common stock as of January 31, 2019

$

5.83

Value of Sirius XM Holdings common stock issued to Pandora stockholders pursuant to the transactions

2,285

Value of Sirius XM Holdings replacement equity awards attributable to pre-combination service

70

Sirius XM Holdings' Pandora preferred stock investment cancelled

524

Total consideration

$

2,879

Business Acquisition, Pro Forma Information

Three months ended

Nine months ended

September 30, 2019

September 30, 2019

amounts in millions

Revenue

$

2,858

7,793

Net earnings (loss)

$

260

346

Net earnings (loss) attributable to Liberty stockholders

$

191

164