04-04-2017 19:05 via ktva.com

GCI signs complex deal to be acquired by Colorado-based Liberty Interactive

Alaska’s largest telecommunications company, General Communication, Inc. (GCI), signed a complex deal Tuesday morning to be acquired by Colorado-based Liberty Interactive Corp.
The deal, announced in a lengthy press release Tuesday, will combine GCI’s business holdings with reorganized assets and liabilities belonging to Liberty Ventures Group. The deal will give Liberty Ventures controlling interest in GCI and create a new company — GCI Liberty.
The release says that GCI
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