Cable magnate John Malone's Liberty Global is buying Swiss telecom company Sunrise Communications AG in an all-cash takeover that will combine Liberty's UPC Switzerland cable operator with a wireless network operator that has one of the world's leading 5G networks.
Sunrise's board is recommending that...
Two Liberty companies are being rolled into one, bringing together the parent company of Alaskan telecom company GCI and Liberty Broadband, which holds a 25% stake in cable provider Charter Communications.
The stock-for-stock transaction will combine the two companies and values GCI Liberty at $8.7...