The publicly traded new offering comprised of Starz Entertainment and former Liberty Media concerns, Liberty Starz, had its first opening on the Nasdaq Global Market System Friday, November 20, reports Multichannel News.
The company which is listed as "LSTZA," commenced at $49.50 per share, up $1.66 from the first-issued closing price of $47.84 the night before. The stock finished at $50.25 at the closing bell on Friday.
Liberty Starz includes the cable service Starz, the satellite high-speed data service WildBlue Communications, PicksPal, Fanball and FUN Technologies online, plus approximately $650 million in cash.
— Allison J. Waldman