LIBERTY BROADBAND INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Liberty Broadband Corporation - LBRDA
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Kahn Swick & Foti, LLC is investigating the proposed sale of Liberty Broadband Corporation to Charter Communications. The investigation focuses on the adequacy of the price and process of the transaction, where Liberty shareholders will receive 0.236 shares of Charter for each Liberty share.
January 30, 2025 | 12:15 am
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NEUTRAL IMPACT
Charter Communications is involved in a proposed acquisition of Liberty Broadband, which is under investigation for the adequacy of the price and process by Kahn Swick & Foti, LLC.
While Charter Communications is the acquiring company, the investigation primarily targets Liberty Broadband. However, any legal issues or delays could indirectly affect Charter's stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Liberty Broadband Corporation is under investigation by Kahn Swick & Foti, LLC regarding its proposed sale to Charter Communications. The investigation questions the adequacy of the price and process.
The investigation by Kahn Swick & Foti, LLC could lead to legal challenges or delays in the proposed sale, potentially affecting Liberty Broadband's stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100