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$110M Deal Reached In Suit Over $8.7B GCI Liberty Merger

By Jeff Montgomery ( June 18, 2021, 9:03 PM EDT) -- Former GCI Liberty Inc. directors have agreed to a $110 million settlement in Delaware to end stockholder class litigation over alleged maneuvers by its controllers and fiduciary duty breaches in GCI's stock-for-stock acquisition, valued at $8.7 billion, by Liberty Broadband Corp. last year....

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