Potter Anderson Serves as Counsel In Connection With $78.7 Billion Acquisition of Time Warner Cable

May 28, 2015
Firm News

Potter Anderson served as counsel to Liberty Broadband Corporation in connection with the agreement by Charter Communications to acquire Time Warner Cable. The deal, expected to close by the end of 2015, values Time Warner Cable at $78.7 billion. In connection with the transaction, Liberty Broadband has agreed to purchase, upon closing of the Time Warner Cable transaction, $4.3 billion of newly issued shares of the new public company resulting from the transaction.  Liberty Broadband will also acquire $700 million of newly issued shares in connection with a previously announced transaction pursuant to which Charter Communications will acquire Bright House Networks, a subsidiary of Advance/Newhouse. The combination of Charter Communications, Time Warner Cable, and Bright House Networks will create a leading broadband services and technology company servicing 23.9 million customers in 41 states.

The Potter Anderson team was led by partners Michael B. Tumas and Michael K. Reilly, and included associates David B. DiDonato and James P. McMahon.

Related Professionals

Media Contact

Lisa Altman, Jaffe PR, Senior Vice President

About Potter Anderson

Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 100 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.

Jump to Page

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.