M&A Deal Summary

Liberty Media Acquires General Communication

On April 4, 2017, Liberty Media acquired communications company General Communication for 1.1B USD

Acquisition Highlights
  • This is Liberty Media’s 2nd transaction in the Communications sector.
  • This is Liberty Media’s 4th largest (disclosed) transaction.
  • This is Liberty Media’s 4th transaction in the United States.
  • This is Liberty Media’s 1st transaction in Alaska.

M&A Deal Summary
Date 2017-04-04
Target General Communication
Sector Communications
Buyer(s) Liberty Media
Deal Type Add-on Acquisition
Deal Value 1.1B USD

Target

General Communication

Anchorage, Alaska, United States
General Communication, Inc. is a provider of voice, data and video services in Alaska, through which consumers can experience entertainment everywhere. GCI is also the provider of communications services to enterprise customers, particularly large enterprise customers with complex data networking needs.

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Buyer(S) 1

Buyer

Liberty Media

Englewood, Colorado, United States
Category Company
Founded 1991
Sector Media
Revenue 9.4B USD (2020)
DESCRIPTION
Liberty Media's corporate headquarters in Englewood, Colorado.
Liberty Media's corporate headquarters in Englewood, Colorado.

Liberty Media owns interests in a broad range of media, communications and entertainment businesses. Those interests include subsidiaries SiriusXM, Atlanta National League Baseball Club Inc., and True Position Inc., interests in Charter Communications and Live Nation and minority equity investments in Barnes & Noble, Time Warner Cable, Time Warner Inc., and Viacom. Liberty Media was founded in 1991 and is based in Englewood, Colorado.

DEAL STATS #
Overall 8 of 10
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 8 of 10
State (Alaska) 1 of 1
Country (United States) 4 of 5
Year (2017) 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-07 Formula One World Championship

Knightsbridge, United Kingdom

Formula One World Championship Ltd. is an organizer of racing championship, including the right to stage and promote the events, to sell broadcast footage (via Formula One Administration, and to offer sponsorship and hospitality packages (via APM and Allsport Management).

Buy $8.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Bodybuilding.com

Meridian, Idaho, United States

Bodybuilding.com is an online retailer of vitamins, minerals, dietary and nutritional supplements, and fitness-related products. The Company’s online retail model combines expert nutrition and fitness content and advice with an extensive array of top-of-the-line nutritional supplements, including its own proprietary brand, Higher Power™, as well as accessories and apparel.

Sell $15M
Mergr

Product

Company

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