Charter Communications ’ long-awaited deal to buy Liberty Broadband in an all-stock transaction looks like a win for Charter investors. Charter effectively will buy Liberty Broadband, whose main asset is a roughly 26% stake in the country’s second-largest cable company,

Charter Communications has sealed a deal to acquire John Malone’s Liberty Broadband in the latest media chess move by Malone. While far from the glitzy spotlight of Warner Bros. Discovery, Formula One or other parts of Malone’s investment portfolio,

Charter and Liberty Broadband finally agreed to a deal that implies the valuation I predicted. Click here to find out more about the CHTR-LBRDA M&A deal.

Liberty Broadband is the largest shareholder in Charter, the largest U.S. pay TV provider, which does business under the Spectrum brand. Its major assets include about 45.6 million shares in Charter as well as Alaskan telecommunications company GCI,