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Charter and Liberty Broadband Stockholders Approve Charter Acquisition of Liberty Broadband
CHTRCharter Communications(CHTR) Prnewswire·2025-02-26 22:02

Core Viewpoint - Charter Communications and Liberty Broadband have announced the approval of their merger agreement by stockholders, paving the way for Charter to acquire Liberty Broadband [1][2]. Group 1: Merger Details - The merger agreement was dated November 12, 2024, and was approved during special meetings held by both companies [1]. - The transaction is expected to close on June 30, 2027, subject to the completion of Liberty Broadband's subsidiary GCI's spin-off and other customary closing conditions [2]. Group 2: Company Profiles - Charter Communications is a leading broadband connectivity company and cable operator, serving nearly 57 million homes and businesses across 41 states under the Spectrum brand, offering a range of services including Spectrum Internet, TV, Mobile, and Voice [3]. - Liberty Broadband owns interests in various communications businesses, with its principal assets being its stake in Charter Communications and its subsidiary GCI, which provides a variety of services in Alaska [4].