Liberty Latin America Acquires Remaining 40% of Liberty Cablevision of Puerto Rico
Liberty Latin America Ltd. - Class C (LILAK)
US:NASDAQ Investor Relations:
libertyglobal.com/ir.html
Company Research
Source: Business Wire
Acquisition of Minority Stake from Searchlight Capital Partners DENVER, Colorado--(BUSINESS WIRE)-- Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced that it has acquired the remaining 40% stake in Liberty Cablevision of Puerto Rico (“Liberty Puerto Rico” or “LCPR”) from funds affiliated with Searchlight Capital Partners, L.P. (“Searchlight”) in exchange for 9,500,000 Liberty Latin America Class C shares (LILAK). Following the acquisition, Liberty Latin America owns 100% of Liberty Cablevision of Puerto Rico. The transaction is expected to be accretive on a free cash flow per share basis for LLA shareholders. Balan Nair, President and CEO of Liberty Latin America, commented, “We are pleased to announce this transaction, which reflects the confidence in our Puerto Rican management team and affirms our commitment to Puerto R
Show less
Read more
Impact Snapshot
Event Time:
LILAK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LILAK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LILAK alerts
High impacting Liberty Latin America Ltd. - Class C news events
Weekly update
A roundup of the hottest topics
LILAK
News
- Aria Systems Launches Aria Billing Studio to Optimize Billing Management and AI Capabilities Within Salesforce [Yahoo! Finance]Yahoo! Finance
- LIBERTY NETWORKS FURTHER EXPANDS IN LATIN AMERICA WITH NEW POINTS OF PRESENCE [Yahoo! Finance]Yahoo! Finance
- Liberty Latin America Ltd. (NASDAQ: LILAK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- LIBERTY LATIN AMERICA JOINS THE WEPS COMMUNITY DEMONSTRATING COMMITMENT TO WOMEN'S EQUALITY [Yahoo! Finance]Yahoo! Finance
- LIBERTY LATIN AMERICA JOINS THE WEPS COMMUNITY DEMONSTRATING COMMITMENT TO WOMEN’S EQUALITYBusiness Wire