Charter Communications Inc. has agreed to acquire Liberty Broadband Corp. in a transaction where Liberty investors will receive 0.236 shares of Charter common stock for each share of Liberty they own. Cash will be given for any fractional shares resulting from the exchange.

This move is a significant consolidation in the telecommunications sector, reflecting industry trends. It highlights the ongoing trend of mergers and acquisitions in the industry, as companies seek to strengthen their market position and expand their offerings. The acquisition of Liberty Broadband Corp by Charter Communications Inc is a strategic move that will likely have a significant impact on the telecommunications landscape.

With this acquisition, Charter Communications Inc will be able to leverage the resources and expertise of Liberty Broadband Corp to enhance its services and provide a more comprehensive offering to its customers. This consolidation is expected to result in improved efficiency and increased competitiveness in the telecommunications market.