(Reuters) - "I don't want any of you to wonder or worry that the company is being tossed around between me and Liberty as a pawn on a chessboard. It is not," Diller said in a brief note to employees on Friday that was made public in a regulatory filing on Monday.
Diller, who is also chairman and chief executive of Expedia's former parent, IAC/InterActiveCorp , controls Expedia through an agreement with Liberty Media that allows him to vote Liberty's 43.6 million common shares and 1.2 million Class B supervoting shares. Expedia has 323.7 million shares outstanding, according to filings.
Read more at Reuters.com Mergers News
Diller, who is also chairman and chief executive of Expedia's former parent, IAC/InterActiveCorp , controls Expedia through an agreement with Liberty Media that allows him to vote Liberty's 43.6 million common shares and 1.2 million Class B supervoting shares. Expedia has 323.7 million shares outstanding, according to filings.
Read more at Reuters.com Mergers News
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