Liberty Broadband Corporation Announces Approval of Proposals at Special Meeting of Stockholders
September 23 2015 - 12:32PM
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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