{"id":851837,"date":"2025-05-16T07:05:56","date_gmt":"2025-05-16T11:05:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/liberty-broadband-provides-update-regarding-pending-acquisition-by-charter\/"},"modified":"2025-05-16T07:05:56","modified_gmt":"2025-05-16T11:05:56","slug":"liberty-broadband-provides-update-regarding-pending-acquisition-by-charter","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/liberty-broadband-provides-update-regarding-pending-acquisition-by-charter\/","title":{"rendered":"Liberty Broadband Provides Update Regarding Pending Acquisition by Charter"},"content":{"rendered":"

<\/p>\n

Liberty Broadband Provides Update Regarding Pending Acquisition by Charter<\/b><\/p>\n

ENGLEWOOD, Colo.–(BUSINESS WIRE<\/a>)–
\nLiberty Broadband Corporation (\u201cLiberty Broadband\u201d) (Nasdaq: LBRDA, LBRDK, LBRDP) today announced an update to the expected timing of its pending acquisition by Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”).\n<\/p>\n

\nOn May 16, 2025, Charter and Cox Communications (\u201cCox\u201d) announced that they entered into a definitive agreement to combine their businesses. In connection with this transaction, Liberty Broadband has agreed to accelerate the closing of its previously announced acquisition by Charter to occur contemporaneously with Charter\u2019s combination with Cox. There are no changes to any other transaction terms of the pending Liberty Broadband and Charter transaction.\n<\/p>\n

\nIf Charter and Cox do not complete their transaction, Liberty Broadband may elect to accelerate the close of its transaction with Charter to occur on the later of (i) the tenth business day after the termination of the Charter and Cox transaction and (ii) the third business day after the satisfaction of the applicable closing conditions to the Liberty Broadband and Charter transaction.\n<\/p>\n

\nLiberty Broadband has also agreed to provide its voting support for the Charter and Cox combination. The three Liberty Broadband nominees on Charter\u2019s board will resign at the closing of Charter\u2019s acquisition of Liberty Broadband.\n<\/p>\n

\nThe acquisition of Liberty Broadband by Charter is subject to the completion of the spin-off of Liberty Broadband’s GCI business by way of a distribution to its common stockholders, which is expected to occur in summer 2025, and other customary closing conditions.\n<\/p>\n

About Liberty Broadband Corporation<\/span><\/p>\n

\nLiberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) operates and owns interests in a broad range of communications businesses. Liberty Broadband\u2019s principal assets consist of its interest in Charter Communications and its subsidiary GCI. GCI provides data, mobile, video, voice and managed services to consumer, business, government and carrier customers throughout Alaska, serving more than 200 communities. The company has invested $4.7 billion in its Alaska network and facilities over the past 45 years. Through a combination of ambitious network initiatives, GCI continues to expand and strengthen its statewide network infrastructure to deliver the best possible connectivity to its customers and close the digital divide in Alaska.\n<\/p>\n

Cautionary Note Regarding Forward-Looking Statements<\/span><\/p>\n

\nThis communication includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain statements relating to the transactions described herein, including the proposed timing thereof. 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 \u201cpossible,\u201d \u201cpotential,\u201d \u201cintends\u201d or \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. These forward-looking statements involve many risks and uncertainties that could cause actual results and the timing of events to differ materially from those expressed or implied by such statements, including, without limitation, the satisfaction of conditions to the transactions. 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 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, including its definitive proxy statement materials for the special meeting related to the acquisition of Liberty Broadband by Charter and its most recent Forms 10-K and 10-Q, as such risk factors may be amended, supplemented or superseded from time to time by other reports Liberty Broadband subsequently files with the SEC, for additional information about Liberty Broadband and about the risks and uncertainties related to Liberty Broadband\u2019s business that may affect the statements made in this communication.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250515925029\/en\/<\/a><\/span><\/p>\n

Liberty Broadband Corporation
\n<\/b>
Shane Kleinstein, 720-875-5432\n<\/p>\n

KEYWORDS:<\/b> United States North America Colorado<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology VoIP Telecommunications Mobile\/Wireless Networks Internet Carriers and Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Liberty Broadband Provides Update Regarding Pending Acquisition by Charter ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Broadband Corporation (\u201cLiberty Broadband\u201d) (Nasdaq: LBRDA, LBRDK, LBRDP) today announced an update to the expected timing of its pending acquisition by Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”). On May 16, 2025, Charter and Cox Communications (\u201cCox\u201d) announced that they entered into a definitive agreement to combine their businesses. In connection with this transaction, Liberty Broadband has agreed to accelerate the closing of its previously announced acquisition by Charter to occur contemporaneously with Charter\u2019s combination with Cox. There are no changes to any other transaction terms of the pending Liberty Broadband and Charter transaction. If Charter and Cox do not complete their transaction, Liberty … <\/p>\n

Continue reading “Liberty Broadband Provides Update Regarding Pending Acquisition by Charter”<\/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-851837","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLiberty Broadband Provides Update Regarding Pending Acquisition by Charter - 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-provides-update-regarding-pending-acquisition-by-charter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liberty Broadband Provides Update Regarding Pending Acquisition by Charter - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Liberty Broadband Provides Update Regarding Pending Acquisition by Charter ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Broadband Corporation (\u201cLiberty Broadband\u201d) (Nasdaq: LBRDA, LBRDK, LBRDP) today announced an update to the expected timing of its pending acquisition by Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”). On May 16, 2025, Charter and Cox Communications (\u201cCox\u201d) announced that they entered into a definitive agreement to combine their businesses. In connection with this transaction, Liberty Broadband has agreed to accelerate the closing of its previously announced acquisition by Charter to occur contemporaneously with Charter\u2019s combination with Cox. There are no changes to any other transaction terms of the pending Liberty Broadband and Charter transaction. 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