InsideArbitrage Potential Deal Alert: Liberty Broadband (LBRDA) Submits Counterproposal to Charter (CHTR) for Proposed Merger

POTENTIAL DEAL DETAILS

Liberty Broadband (LBRDA) announced that it offered a counterproposal to the Special Committee of Charter Communications (CHTR) in response to an initial merger proposal sent by the Charter Special Committee.

In its counterproposal, Liberty Broadband outlined the terms of a proposed combination of Liberty Broadband with Charter in an all-stock deal where each series of Liberty Broadband common stock would receive 0.2900 of a share of Charter Class A common stock in exchange for each share of Liberty Broadband common stock.

The proposed transaction includes a closing date of June 30, 2027, or such earlier date as the parties shall mutually agree.

Liberty Broadband Corp. Investor Relations

Charter Communications, Inc. Investor Relations

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