Liberty CEO: Malone Is no Redstone

Liberty Media chairman John Malone’s debt and liquidity position isn’t as difficult as that of Viacom Inc. and CBS Corp. chairman Sumner Redstone, Liberty president and CEO Greg Maffei said here Wednesday.

“I don’t think it’s an issue — or a Sumner Redstone issue,” he told the UBS Global Media and Communications Conference.

Malone recently had to sell Liberty shares to cover margin calls, but Maffei said his boss has continued to reduce his debt as of late.

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