Media executive John C. Malone will pay a $1.4 million civil penalty to settle charges that he violated premerger reporting and waiting requirements when he acquired Discovery Holding Co. voting
securities, per the Department of Justice. Malone was charged with violating the notification requirements of the Hart-Scott-Rodino Act of 1976. At the same time, the Department filed a proposed
settlement that, if approved by the court, will settle the charges. Malone is Chairman of the Board of Liberty Media Corporation and Chief Executive Officer and Chairman of the Board of Discovery
Holding Co.
