Charter Completes Cox Transaction and Liberty Broadband Acquisition
On August 20, 2026, Charter Communications completed its transactions with Cox Communications and its acquisition of Liberty Broadband. Cox Enterprises now owns about 26% of Charter's fully diluted shares, and about $12 billion of Cox debt and finance leases remains outstanding at Charter subsidiaries. Charter's board also changed, with Alex Taylor becoming Chairman and Liberty Broadband no longer a direct shareholder.
Key points
- Charter paid $3.5 billion in cash to Cox NewCo for the Cox equity sale, and Charter Holdings paid $724 million in cash plus $6.0 billion of convertible preferred units.
- Charter issued the equivalent of just over 46 million Charter shares to a subsidiary of Cox Enterprises, and Cox Enterprises now owns about 26% of fully diluted shares.
- Liberty Broadband common holders received 0.236 of a Charter Class A share per share, a net decrease of about 4.7 million Charter shares outstanding.
- Alex Taylor was appointed Chairman, Eric Zinterhofer became lead independent director, and Chris Winfrey continues as President and CEO.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.