Liberty Broadband Corporation Announces Approval of Proposals at Special Meeting of Stockholders
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK) (“Liberty”) announced that, at its Special Meeting of Stockholders held on Wednesday, September 23, 2015, at 8:30 a.m., Mountain Time, the holders of Liberty’s common stock entitled to vote thereat approved both proposals presented at the meeting relating to Liberty’s issuance of shares of its Series C common stock to third party investors, the proceeds of which will fund all or a portion of Liberty’s purchase of $4.3 billion of stock of a new publicly traded Charter Communications, Inc. following its proposed merger with Time Warner Cable, Inc., all as previously announced.
About Liberty Broadband Corporation
Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK) is comprised of, among other things, its interest in Charter Communications, its subsidiary TruePosition and a minority equity investment in Time Warner Cable.
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Liberty Broadband Corporation
Courtnee Ulrich, 720-875-5420
Source: Liberty Broadband Corporation
Released September 23, 2015