Brief: Liberty Broadband And Gci Liberty Announce Proposed Combination

Liberty Broadband

06/08/2020 22:26

Gci Liberty Inc  GLIBA.O :
    * LIBERTY BROADBAND AND GCI LIBERTY ANNOUNCE PROPOSED
COMBINATION
    * LIBERTY BROADBAND CORP - CO HAS AGREED TO ACQUIRE GCI
LIBERTY IN
A STOCK-FOR-STOCK MERGER
    * LIBERTY BROADBAND CORP - INCREASED REPURCHASE
AUTHORIZATION BY
$1 BILLION
    * LIBERTY BROADBAND CORP - DEAL ACCRETIVE TO NAV PER SHARE
    * LIBERTY BROADBAND CORP - EACH HOLDER OF GLIBA WILL RECEIVE
0.580
OF A SHARE OF LBRDK IN DEAL
    * LIBERTY BROADBAND CORP - EACH HOLDER OF GLIBB WILL RECEIVE
0.580
OF A SHARE OF LBRDB IN DEAL
    * LIBERTY BROADBAND CORP - CASH TO BE ISSUED IN LIEU OF
FRACTIONAL
SHARES IN DEAL
    * LIBERTY BROADBAND CORP - COMPANIES EXPECT COMBINATION TO
CLOSE
IN FIRST HALF OF 2021

Source text for Eikon:  ID:nBw5YGjtWa 
Further company coverage:  GLIBA.O