Charter to acquire Liberty Broadband in Cox-backed multi-party deal
Charter acquired Liberty Broadband by issuing about 46 million shares to Cox, absorbing $12 billion of Cox debt, and retiring 38.6 million Charter shares held by Liberty. Liberty’s Q2 2026 results tracked Charter’s performance because most net asset value sat in Charter stock. Charter reported $13.5B Q2 revenue and strong quarterly operating and free cash flow, with the deal seen as simplifying ownership and combining about 31.5 million customer relationships.