Charter Communications ( (CHTR) ) just unveiled an announcement.
On February 26, 2025, Charter Communications and Liberty Broadband held special meetings where stockholders approved the merger agreement, allowing Charter to acquire Liberty Broadband. This merger is expected to close on June 30, 2027, subject to certain conditions, and will result in Liberty Broadband becoming an indirect wholly owned subsidiary of Charter, potentially impacting the company’s market position and stakeholder interests.
More about Charter Communications
Charter Communications, Inc. is a leading broadband connectivity company and cable operator providing services to nearly 57 million homes and businesses in 41 states through its Spectrum brand. The company offers a range of residential and business services including internet, TV, mobile, and voice. Liberty Broadband Corporation operates and owns interests in a variety of communications businesses, with principal assets including its interest in Charter Communications and its subsidiary GCI, which provides data, mobile, video, voice, and managed services throughout Alaska.
YTD Price Performance: 1.18%
Average Trading Volume: 1,070,425
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $56.01B
See more insights into CHTR stock on TipRanks’ Stock Analysis page.