Charter Completes Cox Acquisition and Liberty Broadband Merger
Filed with the SEC on · Summarized by InvestorsBot
Charter completed its acquisition of Cox Communications and all-stock merger with Liberty Broadband on August 20, 2026. Cox received about $4 billion in cash, approximately $5 billion of Charter Holdings common units and $6 billion of convertible preferred units, while about $12 billion of Cox debt and finance leases remain at Charter subsidiaries; Cox now holds roughly 26% of the combined company on a fully diluted basis. Charter also assumed about $840 million of Liberty Broadband net debt and issued 33.9 million shares to Liberty holders after retiring 38.6 million shares, while Spectrum plans to launch its products in former Cox markets in mid-September.