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Benzinga
Benzinga
Business
Akanksha Bakshi

REVEALED: Comscore cuts dividends reshapes board - The Real Truth

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Comscore Inc. (NASDAQ: SCOR) shares surged after the company announced a recapitalization agreement with major preferred shareholders: Charter Communications (NASDAQ: CHTR), Liberty Broadband Corporation (NASDAQ: LBRDK), and an affiliate of Cerberus Capital Management.

The deal is designed to simplify Comscore’s balance sheet, cut dividend obligations, and strengthen its market position. It is subject to stockholder approval, including a separate vote by unaffiliated common shareholders.

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