Liberty Broadband proposes an all-stock merger with Charter Communications, led by John Malone.
Liberty Broadband Corp., led by cable magnate John Malone, has proposed an all-stock merger with Charter Communications, a key pay-TV provider in which Malone also has significant investments. This merger aims to streamline their corporate structure and enhance trading liquidity. Liberty investors would receive 0.29 shares of Charter Class A stock for each share they own. The deal requires approval from non-affiliated Liberty investors and is set to close by June 30, 2027.
September 23, 2024
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