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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of GCI Liberty, Inc. (“GCI Liberty”) (NASDAQ: GLIBA, GLIBP) with Liberty Broadband Corporation (“Liberty Broadband”). Under the terms of the merger, Liberty Broadband will issue shares of common stock to the owners of GCI Liberty, with current holders of GCI Liberty common stock controlling approximately 16.7% of the combined company.
The GCI Liberty merger investigation concerns whether the Board of GCI Liberty has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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