John Malone gets it. The straight-talking, 77-year-old dealmaker behind the sprawling Liberty empire has always let the CEOs of his various media and entertainment businesses run things while he scopes out lucrative M&A opportunities for them. This summer, Malone unexpectedly retired from the boards of Charter Communications Inc. and Lions Gate Entertainment Corp., telling Bloomberg News’s Gerry Smith that he’s reducing business travel to spend more time with his wife but not stepping away entirely. Still, Malone is more comfortable talking about the future than most.
“I’m getting old,” he said in the interview. “What else do people expect?”
This article provided by Bloomberg View.