Liberty Broadband accelerates Charter acquisition to coincide with Charter-Cox deal

Liberty Broadband Corp

Liberty Broadband agreed to a side letter accelerating its acquisition by Charter to close alongside Charter's Cox combination.
If the Cox deal terminates, Liberty Broadband may elect to close its deal 10 business days after termination.
Liberty Broadband provided voting support for the Cox transaction under a voting agreement.
Three Liberty Broadband directors on Charter's board will resign at closing of the Liberty Broadband acquisition.
Spin-off of GCI expected in summer 2025 as a condition to closing; no changes to other transaction terms.

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