Liberty Media's John Malone attends the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on Oct. 7, 2015 in San Francisco, Calif.'s media investments draw interest, not least smaller ones that signal the billionaire investor is playing his long game.
Univision in 2017 turned down a takeover offer from Discovery, a company in Malone's investment orbit, with observers saying the mogul's renewed interest in Univision only confirms the investor will happily return after being snubbed for a sweeter deal. that he feels it was "very unlikely Liberty Global would make this investment.
With still other media production and distribution holding companies in his investment orbit, Malone routinely combines or reshuffles his assets as streaming and telecom technologies evolve.
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