Company: LBRDK
Filing Date: 2025-01-17
Form Type: PRER14A
Source: 0001140361-25-001417
Chunk: 258

Company: Liberty Broadband Corp
Filing Date: 2025-01-17
Form: PRER14A
Chunk 258
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 summary of the material terms and conditions of such proposal or request (including unredacted copies of such written proposal or request) and the identity of the persons making such proposal or request; |

| • | keep the Charter special committee reasonably currently informed of the status of, and negotiations (if any) regarding, and any material developments affecting the terms and conditions of, such proposal or request; |

| • | promptly (and in any event within 48 hours) provide the Charter special committee with all non-public information concerning Liberty Broadband or any of its subsidiaries that is made available to the person or group making such proposal or request (or any of their representatives), which was not previously made available to the Charter special committee or its representatives; and |

| • | promptly (and in any event within 24 hours after any determination) advise the Charter special committee in writing if the Liberty Broadband Board determines to begin providing information or engaging in discussions concerning such proposal in compliance with the non-solicitation provisions of the merger agreement. |

Company Adverse Recommendation Change; Certain Prohibited Actions Except as expressly permitted by the merger agreement in the case of a superior company proposal or a company intervening event (in each case, as described below), neither the Liberty Broadband Board nor any committee thereof, will:

| • | (1) qualify, amend or modify in a manner adverse to Charter, or publicly propose to qualify, amend or modify, in a manner adverse to Charter or withdraw the recommendation by the Liberty Broadband Board of the merger agreement to the Liberty Broadband stockholders, or fail to include such recommendation in this joint proxy statement/prospectus, (2) publicly recommend, adopt or approve, or propose to publicly recommend, adopt or approve, any alternative company transaction proposal, (3) make any public recommendation in favor of a tender or exchange offer, other than “stop look and listen” communications of the type contemplated by Rule 14d-9 under the Exchange Act, or fail to recommend against acceptance of such tender or exchange offer by the close of business on the 10thbusiness day after the commencement of such tender offer or exchange offer pursuant to Rule 14d-2 under the Exchange Act, (4) other than with respect to a tender offer or exchange offer, fail to publicly reaffirm its recommendation within five business days after Charter requests in writing if an alternative company transaction proposal or any material modification thereto is made public and not withdrawn or (5) resolve, agree or publicly propose to do any of the foregoing (each