When you watch the Atlanta Braves game, these days, you’re watching a team that owns itself, so to speak. The winning Major League Baseball franchise has split off from Liberty Media, its owners for the past several years.
The team is now officially owned by Atlanta Braves Holdings, which will also own the ballclub’s associated real estate development project. The sale was completed on July 18, 2023.
You can also now buy stock in the Braves. The company’s stock began trading on Wednesday, July 19, 2023 on the Nasdaq Stock Market, under the symbols “BATRA” and “BATRK”, respectively. Atlanta Braves Holdings Series B common stock will be quoted on the OTC Markets under the symbol “BATRB.
Introducing Atlanta Braves Holdings Inc.
Both parties call the deal The Split-Off and it will allow Liberty Media to refocus its energies on live exhibitions that go well beyond sports. Meanwhile, the Braves will simply have the winningest team in baseball.
Both the Split-Off and Reclassification are subject to, among other things, the approval of Liberty Media’s stockholders at a meeting on on July 17, 2023 and the receipt of certain other approvals and tax opinions.
When Did Liberty Media Buy The Braves?
Explore Atlanta At Your Own Pace
First, to find all the good things happening in the city this week, all you have to do is take a look at downtown Atlanta. That’s where some of the best restaurants are as well as where the visitors, namely tourists, are. Downtown Atlanta or Midtown often has something cool going on!
While it’s warm, take advantage of the outdoors. Don’t miss these awesome festivals.
The fun is just starting. Are you a beer drinker? You also may want to visit a craft brewery in the city.
Check out these events in Atlanta today and this week and this weekend:
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