Liberty Media (LMCA, LMCB) says it will pay $136M to the IRS to settle a dispute regarding tax...

|About: Liberty Media Corp (FWONA)|By:, SA News Editor

Liberty Media (LMCA, LMCB) says it will pay $136M to the IRS to settle a dispute regarding tax positions taken by a subsidiary. However, the settlement will also result in $700M a decrease in the company's short-term deferred tax liability, and a $460M decrease in its long-term deferred tax liability.