EU opens probe into Liberty Media's proposed Dorna Sports acquisition
Uniunea Europeana
BRUSSELS :The European Commission said on Thursday it had opened an in-depth investigation into the proposed 3.5 billion euro ($3.62 billion) acquisition of Dorna Sports by Liberty Media . Liberty Media said in April that it would acquire about 86 per cent of Dorna Sports, the parent company of FIM World Championship Grand Prix, also known as MotoGP. The EU said that Liberty owns the exclusive commercial rights for the FIA Formula One World Championship, while Dorna Sports holds exclusive
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