Charter to merge with Liberty Broadband; Liberty Live to be spun-off as new company

seekingalpha
2024-11-13

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Charter Communications (NASDAQ:CHTR) shares were up 5.6% premarket on Wednesday after the company said it would buy Liberty Broadband Corporation (NASDAQ:LBRDA) in an all-stock transaction.

LBRDA shares were down 2.3% at $94.50 on the Nasdaq.

Under terms, common stock holders of Liberty Broadband will receive 0.236 of

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