{"id":398882,"date":"2020-12-14T08:03:31","date_gmt":"2020-12-14T13:03:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398882"},"modified":"2020-12-14T08:03:31","modified_gmt":"2020-12-14T13:03:31","slug":"liberty-broadband-and-gci-liberty-announce-receipt-of-approvals-from-the-regulatory-commission-of-alaska","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/liberty-broadband-and-gci-liberty-announce-receipt-of-approvals-from-the-regulatory-commission-of-alaska\/","title":{"rendered":"Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska<\/b><\/p>\n<p>ENGLEWOOD, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLiberty Broadband Corporation (\u201cLiberty Broadband\u201d) (NASDAQ: LBRDA, LBRDK) and GCI Liberty, Inc. (\u201cGCI Liberty\u201d) (NASDAQ: GLIBA, GLIBP) announced today that the Regulatory Commission of Alaska (\u201cRCA\u201d) has granted Liberty Broadband\u2019s applications to acquire an indirect controlling interest in certain subsidiaries of GCI Liberty that hold certificates of public convenience and necessity issued by the RCA. As a result, Liberty Broadband and GCI Liberty have received all regulatory approvals required to complete the planned merger between the companies (\u201cthe Combination\u201d). Liberty Broadband and GCI Liberty expect the Combination to close promptly following the receipt of required stockholder approvals.\n<\/p>\n<p><b>About Liberty Broadband<\/b><\/p>\n<p>\nLiberty Broadband Corporation\u2019s (NASDAQ: LBRDA, LBRDK) businesses consist of its interest in Charter Communications and its subsidiary Skyhook.\n<\/p>\n<p><b>About GCI Liberty, Inc.<\/b><\/p>\n<p>\nGCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) operates and owns interests in a broad range of communications businesses. GCI Liberty\u2019s assets consist of its subsidiary GCI Holdings, LLC (\u201cGCI\u201d) and interests in Charter Communications and Liberty Broadband. GCI is Alaska\u2019s largest communications provider, providing data, wireless, video, voice and managed services to consumer and business customers throughout Alaska and nationwide. GCI has delivered services for nearly 40 years to some of the most remote communities and in some of the most challenging conditions in North America.\n<\/p>\n<p><b><i>Forward-Looking Statements<\/i><\/b><\/p>\n<p>\nThis communication includes forward-looking statements. All statements other than statements of historical fact are \u201cforward-looking statements\u201d for purposes of federal and state securities laws. These forward-looking statements generally can be identified by phrases such as \u201cexpects\u201d or other words or phrases of similar import or future or conditional verbs such as \u201cwill,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201ccould,\u201d or similar variations. Similarly, statements about the Combination, including satisfaction of conditions to the Combination and the timing of the Combination and other statements that are not historical facts are also forward-looking statements. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of the combined companies or the price of Liberty Broadband or GCI Liberty stock. These forward-looking statements involve certain risks and uncertainties, many of which are beyond the parties\u2019 control, that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to, the ability of the parties to consummate the Combination on a timely basis or at all and the satisfaction of the conditions precedent to consummation of the Combination, including, but not limited to, approval by the stockholders of Liberty Broadband and GCI Liberty. These forward-looking statements speak only as of the date of this communication, and Liberty Broadband expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Broadband\u2019s or GCI Liberty\u2019s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Broadband and GCI Liberty, including the most recent Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, for additional information about Liberty Broadband and GCI Liberty and about the risks and uncertainties related to the businesses of Liberty Broadband and GCI Liberty which may affect the statements made in this communication.\n<\/p>\n<p><i>Additional Information<\/i><\/p>\n<p><i>Nothing in this communication shall constitute a solicitation to buy or an offer to sell any securities of Liberty Broadband or GCI Liberty, nor shall it constitute an offer, solicitation, or any sale in any jurisdiction in which such offer, solicitation, or sale is unlawful. The offer and sale of shares in the Combination will only be made pursuant to Liberty Broadband\u2019s effective registration statement. Liberty Broadband\u2019s stockholders, GCI Liberty\u2019s stockholders and other investors are urged to read the joint proxy statement\/prospectus included in the registration statement on Form S-4 filed regarding the Combination and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information about the Combination. Copies of these SEC filings are available free of charge at the SEC\u2019s website (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52346606&amp;newsitemid=20201214005162&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.sec.gov&amp;index=1&amp;md5=19813c361d60f36dced395772a4ce490\">http:\/\/www.sec.gov<\/a>). Copies of the filings together with the materials incorporated by reference therein are also available, without charge, by directing a request to Liberty Broadband, 12300 Liberty Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Telephone: (720) 875-5700 or to GCI Liberty, Inc., 12300 Liberty Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Telephone: (720) 875-5900.<\/i><\/p>\n<p><i>Participants in the Solicitation<\/i><\/p>\n<p><i>Liberty Broadband and GCI Liberty and their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the Combination. Information about Liberty Broadband\u2019s directors and executive officers is available in Liberty Broadband\u2019s definitive proxy statement for its 2020 annual meeting of stockholders, which was filed with the SEC on April 10, 2020. Information about GCI Liberty\u2019s directors and executive officers is available in GCI Liberty\u2019s definitive proxy statement for its 2020 annual meeting of stockholders, which was filed with the SEC on April 10, 2020. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, are contained in the joint proxy statement\/prospectus included in the registration statement on Form S-4 filed with the SEC and other relevant materials to be filed with the SEC, as well as any amendments or supplements to those documents, regarding the Combination when they become available. Investors should read the joint proxy statement\/prospectus included in the registration statement on Form S-4 carefully before making any voting or investment decisions. You may obtain free copies of these documents from Liberty Broadband and GCI Liberty as indicated above.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201214005162r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201214005162\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201214005162\/en\/<\/a><\/span><\/p>\n<p><b>Liberty Broadband Corporation<br \/>\n<\/b><br \/>Courtnee Chun, 720-875-5420\n<\/p>\n<p><b>GCI Liberty, Inc.<br \/>\n<\/b><br \/>Courtnee Chun, 720-875-5420\n<\/p>\n<p><b>KEYWORDS:<\/b> Alaska Colorado United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Communications Other Communications Telecommunications<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201214005162\/en\/440092\/3\/Logo-Broadband_4c.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska ENGLEWOOD, Colo.&#8211;(BUSINESS WIRE)&#8211; Liberty Broadband Corporation (\u201cLiberty Broadband\u201d) (NASDAQ: LBRDA, LBRDK) and GCI Liberty, Inc. (\u201cGCI Liberty\u201d) (NASDAQ: GLIBA, GLIBP) announced today that the Regulatory Commission of Alaska (\u201cRCA\u201d) has granted Liberty Broadband\u2019s applications to acquire an indirect controlling interest in certain subsidiaries of GCI Liberty that hold certificates of public convenience and necessity issued by the RCA. As a result, Liberty Broadband and GCI Liberty have received all regulatory approvals required to complete the planned merger between the companies (\u201cthe Combination\u201d). Liberty Broadband and GCI Liberty expect the Combination to close promptly following the receipt of required stockholder approvals. About Liberty Broadband Liberty Broadband &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liberty-broadband-and-gci-liberty-announce-receipt-of-approvals-from-the-regulatory-commission-of-alaska\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398882","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liberty-broadband-and-gci-liberty-announce-receipt-of-approvals-from-the-regulatory-commission-of-alaska\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Liberty Broadband and GCI Liberty Announce Receipt of Approvals from the Regulatory Commission of Alaska ENGLEWOOD, Colo.&#8211;(BUSINESS WIRE)&#8211; Liberty Broadband Corporation (\u201cLiberty Broadband\u201d) (NASDAQ: LBRDA, LBRDK) and GCI Liberty, Inc. (\u201cGCI Liberty\u201d) (NASDAQ: GLIBA, GLIBP) announced today that the Regulatory Commission of Alaska (\u201cRCA\u201d) has granted Liberty Broadband\u2019s applications to acquire an indirect controlling interest in certain subsidiaries of GCI Liberty that hold certificates of public convenience and necessity issued by the RCA. As a result, Liberty Broadband and GCI Liberty have received all regulatory approvals required to complete the planned merger between the companies (\u201cthe Combination\u201d). Liberty Broadband and GCI Liberty expect the Combination to close promptly following the receipt of required stockholder approvals. 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(\u201cGCI Liberty\u201d) (NASDAQ: GLIBA, GLIBP) announced today that the Regulatory Commission of Alaska (\u201cRCA\u201d) has granted Liberty Broadband\u2019s applications to acquire an indirect controlling interest in certain subsidiaries of GCI Liberty that hold certificates of public convenience and necessity issued by the RCA. As a result, Liberty Broadband and GCI Liberty have received all regulatory approvals required to complete the planned merger between the companies (\u201cthe Combination\u201d). Liberty Broadband and GCI Liberty expect the Combination to close promptly following the receipt of required stockholder approvals. 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