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Liberty Media Looks to Purchase Stake in Hotel VOD Firm On Command

Authored by Mark Hefflinger on April 3, 2003 - 3:16am.
Denver -- On Command, a provider of in-room entertainment technologies like video-on-demand to the hotel and cruise ship industries, announced on Thursday that media giant Liberty Media has expressed interest in buying all outstanding shares in the company. Under the proposed deal, On Command stockholders would receive 0.0787 of a share of Liberty Media stock for each share of On Command they own. Denver-based On Command said it has established a committee of independent directors to consider the proposal, and will engage independent legal counsel and financial advisors.
http://biz.yahoo.com/prnews/030402/law093_1.html
http://www.oncommand.com
http://www.libertymedia
tags: VOD | Stake | On Command | Liberty |

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