Liberty Brings Consolidation


The former Liberty Media Corp. announced several changes late Wednesday.

Liberty Global Inc., as the company is now called, is now the parent company of Liberty Media International Inc. and UnitedGlobalCom Inc.

The company also said its series-A and series-B common stock began trading on the NASDAQ National Market Thursday.

LMI series-A and series-B common stock and UGC class-A common stock, which previously traded on the NASDAQ National Market, have ceased trading and will be deregistered under the securities laws, the company said.

“We are pleased that the shareholders of both UGC and LMI supported the creation of Liberty Global," chairman John Malone said in a prepared statement.

"As our operations in Europe, Japan and Chile have demonstrated over the past five years, the broadband video, voice and data business outside of the United States is a fantastic growth story,” he added. “And with our strong balance sheet, the company is well-positioned to expand its footprint as additional acquisitions become available, particularly in Europe and Japan.”

Liberty Global’s senior management, under Malone, is now: Michael T. Fries, president and CEO; Bernard G. Dvorak, senior vice president, co-chief financial officer and principal accounting officer; Charles H.R. Bracken , senior VP, co-CFO and principal financial officer; Elizabeth M. Markowski, senior VP, secretary, general counsel; Anthony G. Werner, senior VP, chief technology officer; Frederick G. Westerman, senior VP, investor relations and corporate communications; Amy M. Blair, senior VP, global human resources; Shane O'Neill, senior VP, chief strategy officer and president, chellomedia; Gene Musselman, president and chief operating officer, UPC Broadband; Miranda Curtis, president, Liberty Global Japan; and Dave J. Leonard, president, Liberty Global Latin America.