SHAREHOLDER ALERT: Barr Law Group Investigating the Officers and Directors of (NASDAQ: GLIBA) and (NASDAQ GS: LBRDK) Concerning Proposed Stock-for-Stock Merger; Shareholders are Encouraged to Contact the Firm
SAN DIEGO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- National law firm Barr Law Group is investigating the actions of the officers and board of directors of GCI Liberty, Inc. (NASDAQ: GLIBA) and Liberty Broadband Corporation (NASDAQ GS: LBRDK) regarding possible breaches of fiduciary duties and other violations of law related to GCI Libertys agreement to merge with Liberty Broadband Corporation.
- SAN DIEGO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- National law firm Barr Law Group is investigating the actions of the officers and board of directors of GCI Liberty, Inc. (NASDAQ: GLIBA) and Liberty Broadband Corporation (NASDAQ GS: LBRDK) regarding possible breaches of fiduciary duties and other violations of law related to GCI Libertys agreement to merge with Liberty Broadband Corporation.
- Under the terms of the agreement, Liberty Broadband will issue shares of common stock to GCI Liberty shareholders, with current GCI Liberty shareholders owning approximately 16.7% of the combined company following the merger.
- Each holder of GLIBA will receive 0.580 of a share of LBRDK.
- The firm would be happy to further discuss this matter, and any legal rights or remedies potentially available to you, at no charge.