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Formula 1

F1: Liberty's share purchase facing UK investigation

By alley - Nov 7, 2016, 1:48 PM ET

The planned purchase of Formula 1 by Liberty Media could face an investigation by Britain's Competition and Markets Authority (CMA).In September, Liberty Media agreed to become F1's biggest shareholder through the purchase of shares from a consortium of sellers led by majority shareholder CVC Capital Partners. The U.S.-based company will...

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