Liberty Media is sitting in its best position in years ahead of its annual Investor Day next Thursday, with attractive assets and greater strategic flexibility that could play out favorably for investors in its three tracking stocks during the next 12 months.
The complex company, controlled by media and cable TV mogul John Malone, owns the Atlanta Braves baseball team, the Formula One auto racing business, an 80% stake in Sirius XM Holdings (ticker: SIRI), and a 32% interest in Live Nation Entertainment (LYV).
Liberty...
