Cable operator Charter Communications, Inc. (CHTR) entered a merger agreement on November 13, 2024, to acquire Liberty Broadband Corporation (LBRDA) in an all-stock deal valued at $17.05 billion.
Under the agreement, each person who owns Liberty Broadband common stock (Series A, Series B, or Series C) will receive 0.236 shares of Charter common stock for every share of Liberty Broadband stock they own.