Liberty Media (LINTA +9.2%) shares soar after the Delaware Supreme Court upholds a ruling that...

|About: Liberty Interactive Corpora... (QVCA)|By:, SA News Editor

Liberty Media (LINTA +9.2%) shares soar after the Delaware Supreme Court upholds a ruling that clears the way for it to transfer assets of its two tracking stocks, Liberty Capital (LCAPA +2.2%) and Liberty Starz (LSTZA +1.6%), to shareholders. The splitoffs are part of owner John Malone’s efforts to simplify the company's financial structure.