Investigation of Potential Action on Behalf of GCI Liberty, Inc. (Nasdaq: GLIBA) Shareholders
GCI Liberty, Inc. (“GCI Liberty”) together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions.
On August 6, 2020, Liberty Broadband Corporation (“Liberty Broadband”) and GCI Liberty announced that they had entered into a definitive merger agreement under which Liberty Broadband has agreed to acquire GCI Liberty in a stock-for-stock merger.
Kessler Topaz Meltzer & Check, LLP is investigating potential breaches of fiduciary duties and other violations of law by certain officers and members of GCI Liberty’s Board of Directors related to GCI Liberty’s agreement to be acquired by Liberty Broadband.
If you currently own shares of GCI Liberty (Nasdaq: GLIBA) and would like to learn more about our investigation, please fill out our online form or contact us today toll free at 1-844-887-9500 or info@ktmc.com.