Liberty Broadband Proposes Merger with Charter Communications

Liberty Broadband has proposed an all-stock merger with Charter Communications, following an initial merger proposal from Charter's special committee. The counterproposal includes a plan for Charter to refinance Liberty Broadband’s debt and suggests an exchange of common stock between the two companies. This merger aims to create a unified corporate structure to enhance trading liquidity and provide clarity for shareholders. If approved by boards and shareholders, along with regulatory consents, the merger could close by June 30, 2027. Liberty Broadband’s significant asset is GCI Communications, while it also holds a 26% stake in Charter, which operates under the Spectrum brand across more than 40 states. The outcome of this proposed merger remains contingent on further negotiations and approvals.