Added to YB: 2020-07-07
Pitch date: 2020-07-07
GLIBA [bullish]
GCI Liberty, Inc.
+25.02%
current return
Author Info
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Company Info
GCI Liberty, Inc. was acquired by Liberty Broadband Corporation. The company is based in Englewood, Colorado.
Market Cap
$9.7B
Pitch Price
$73.37
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
6.44
EV/Sales
N/A
Sector
Diversified Telecommunication Services
Category
special_situation
GCI Liberty: Stock-for-Stock Deal with Liberty Broadband
GLIBA & LBRDA in talks to merge, pooling stakes in CHTR to simplify eventual CHTR consolidation. GLIBA: 70% in CHTR, GCI (Alaska cable) at 9x EBITDA, TREE stake. LBRDA: CHTR pass-thru. 0.58 LBRDK/GLIBA share. NAVs: GLIBA $83 to $90, LBRDA $155 to $157. CHTR: #2 cable co, 4.5x lever, buybacks. Malone likely to close discount in time.
Read full article (3 min)