Charter Completes Cox Combination and Liberty Broadband Acquisition
Filed with the SEC on · Summarized by InvestorsBot
Charter completed its transactions with Cox Communications and Liberty Broadband on August 20, 2026. Cox received approximately $4 billion in cash, $5 billion of Charter Holdings units and $6 billion of convertible preferred units, while Cox and its subsidiaries now own about 26% of the combined company on a fully diluted basis and Charter assumed roughly $12 billion of Cox debt and finance leases. Charter also issued about 33.9 million shares to Liberty Broadband holders, retired 38.6 million Liberty-owned shares and plans to launch Spectrum products in former Cox markets by mid-September.