Liberty Broadband ( (LBRDA) ) just unveiled an announcement.
On February 26, 2025, Liberty Broadband and Charter Communications announced the approval of their merger agreement by stockholders at special meetings. The transaction, expected to close on June 30, 2027, is contingent upon the spin-off of Liberty Broadband’s subsidiary GCI and other conditions. This merger positions Charter to expand its market presence and operational capabilities, potentially impacting stakeholders by enhancing service offerings and network infrastructure.
More about Liberty Broadband
Liberty Broadband Corporation operates and owns interests in a broad range of communications businesses, with principal assets including its interest in Charter Communications and its subsidiary GCI. GCI provides data, mobile, video, voice, and managed services throughout Alaska, serving over 200 communities. Charter Communications is a leading broadband connectivity company and cable operator, offering services to nearly 57 million homes and businesses in 41 states under the Spectrum brand.
YTD Price Performance: 4.36%
Average Trading Volume: 165,319
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.38B
For an in-depth examination of LBRDA stock, go to TipRanks’ Stock Analysis page.