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Liberty Media plans to split off baseball franchise, real-estate assets into new publicly traded company
Austin Riley of the Atlanta Braves made a catch against the Philadelphia Phillies last month in Atlanta. Photo: Kevin C. Cox/Getty Images
Fans could soon own a piece of just the Atlanta Braves.
Liberty Media Corp., the owner of the Major League Baseball team, said it plans to split the Braves off into a publicly traded company, separating shares of the team from the rest of billionaire John Malone‘s sprawling holdings.
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