Malone: DirecTV not for sale
November 24, 2009
John Malone, who's Liberty Media is the largest individual shareholder in DirecTV told US media “I can be the first one to say DirecTV is not for sale”.
Liberty Media split off DirecTV last week to combine it with some its cable network assets creating an independent and larger DirecTV. This has sparked speculation the new company could be bought by one of the telcos. The satellite company appointed former PepsiCo executive Mike White as chief executive.