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Liberty Creates Stock for Caribbean, Latin American Businesses

Trading began Thursday on Nasdaq and over the counter of Liberty Global's new tracking stock for its Caribbean and Latin American operations, the LiLAC Group. The company said in a news release Wednesday that the LiLAC Group stock was created…

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to allow shareholders to invest directly in its cable business in Chile and its majority interest in a Puerto Rican cable company, Liberty Cablevision, which it and Searchlight Capital Partners bought in June.