Liberty Broadband (LBRDA) and GCI Liberty (GLIBA) $30bn merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on November 12, 2020
Merger Details | Value |
---|---|
Acquisition Target Stock Name | GCI Liberty |
Acquisition Target Stock Ticker | GLIBA |
Acquirer Name and Ticker | Liberty Broadband (LBRDA) |
Original Announcement Date | June 30, 2020 |
Merger Status | FRIENDLY MERGER |
Expected Completion Date | H1 2021 |
Deal Value | $35.1bn |
Offer Value at Announcement | $82.89 |
Payment Method | All Stock Deal |
Stock Ratio | 0.58 |
Initial Announcement | SEC Filing |
Liberty Broadband Investor Relations | investor@libertybroadband.com |
GCI Liberty Investor Relations | 1-833-618-8602 |
Actual Completion Date | November 12, 2020 |
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GCI Liberty (NASDAQ: GLIBA) & Liberty Broadband (NYSE: LBRDA) Merger
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GCI Liberty (NASDAQ: GLIBA) & Liberty Broadband (NYSE: LBRDA) Merger - Acquisition News and Events
The major acquisition news updates & events of GCI Liberty (GLIBA) by Liberty Broadband (LBRDA) are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the Liberty Broadband (LBRDA) merger with GCI Liberty (GLIBA) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments
Following the acquisition news section, there are in-depth company profiles.
Liberty Broadband Company Profile
Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.
It also provides Geospatial Insights, a location intelligence and data insights service for enterprises, research and consulting firms, financial institutions, and advertisers to understand, measure, and optimize the performance of businesses; benchmark performance against competitors; enhance customer experience; advertise to, and target existing and prospective customers; and measure the efficacy of advertising campaigns in driving real-world actions. The Charter segment offers subscription-based video services comprising video on demand, high definition television, and digital video recorder service; and local and long distance calling, voicemail, call waiting, caller ID, call forwarding, and other voice services, as well as international calling services.
It also provides Internet services, including an in-home Wi-Fi product that provides customers with high performance wireless routers; and a security suite that offers protection against computer viruses and spyware. In addition, this segment offers Internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks and digital outlets; and regional sports networks and local sports, news, and community channels. The company is based in Englewood, Colorado.
GCI Liberty Company Profile
GCI Liberty, Inc., together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.