Liberty Media reports sale of 1.91 million shares of IAC/Interactive

By Lisa Kerner

Charlotte, N.C., Nov. 25 - Liberty Media Corp. sold 1,907,700 shares of IAC/Interactive Corp. common stock between Nov. 12 and Nov. 24, keeping a 23.0% ownership interest.

The shares had a weighted average sale price of between $19.49 and $19.95 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.

Between Oct. 28 and Nov. 11, Liberty Media sold 2,345,300 shares and kept a 24.4% stake, a prior SEC filing said.

Liberty Media, an Englewood, Colo., entertainment company, beneficially owns 30,292,401 shares of IAC/Interactive, a New York-based internet company.

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