Potter Anderson Advises Liberty Broadband on Proposed Merger With GCI Liberty

Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK) and GCI Liberty, Inc. (NASDAQ: GLIBA, GLIBP) have entered into a definitive merger agreement under which Liberty Broadband has agreed to acquire GCI Liberty in a stock-for-stock merger. Liberty Broadband’s businesses consist of its interest in Charter Communications, Inc. and its subsidiary Skyhook. GCI Liberty’s principal assets consist of its subsidiary GCI Holdings, LLC and non-controlling interests in Liberty Broadband, Charter Communications, Inc., and LendingTree, Inc. The transaction is expected to close in the first half of 2021.

Potter Anderson’s team served as Delaware counsel to Liberty Broadband and included partners Michael Tumas, Michael Reilly and David DiDonato.

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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 centers its practice on corporate and alternative entity law and litigation, commercial litigation, bankruptcy, intellectual property, labor and employment, and real estate.