0001144204-15-010209.txt : 20150218 0001144204-15-010209.hdr.sgml : 20150216 20150217163128 ACCESSION NUMBER: 0001144204-15-010209 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: D. E. SHAW & CO., L.L.C. GROUP MEMBERS: D. E. SHAW & CO., L.P. GROUP MEMBERS: D. E. SHAW HELIANT ADVISER, L.L.C. GROUP MEMBERS: D. E. SHAW HELIANT MANAGER, L.L.C. GROUP MEMBERS: DAVID E. SHAW SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Liberty Broadband Corp CENTRAL INDEX KEY: 0001611983 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88414 FILM NUMBER: 15623206 BUSINESS ADDRESS: STREET 1: 12300 LIBERTY BLVD CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 720-875-5400 MAIL ADDRESS: STREET 1: 12300 LIBERTY BLVD CITY: ENGLEWOOD STATE: CO ZIP: 80112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: D. E. Shaw Kalon Portfolios, L.L.C. CENTRAL INDEX KEY: 0001600099 IRS NUMBER: 271490745 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS, NINTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: (212) 478-0000 MAIL ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS, NINTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 SC 13G/A 1 v400773_sc13ga.htm SCHEDULE 13G/A

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Amendment No. 2)

Under the Securities Exchange Act of 1934

Liberty Broadband Corporation

(Name of Issuer)

Series A common stock, par value $0.01

(Title of Class of Securities)

530307107

(CUSIP Number)

December 31, 2014

(Date of Event Which Requires Filing of this Statement)

Check the following box to designate the rule pursuant to which the Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 530307107

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw Kalon Portfolios, L.L.C. 27-1490745

2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)	¨
	(b)	¨

3.	SEC Use Only

4.	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 1,319,800
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,319,800

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,319,800
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
	11.	Percent of Class Represented by Amount in Row (9) 5.1%
	12.	Type of Reporting Person (See Instructions) OO

CUSIP No. 530307107

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw Heliant Manager, L.L.C. 27-1289787
2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)	¨
	(b)	¨

3.	SEC Use Only
4.	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 1,319,800
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,319,800

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,319,800
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
	11.	Percent of Class Represented by Amount in Row (9) 5.1%
	12.	Type of Reporting Person (See Instructions) OO

CUSIP No. 530307107

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw Heliant Adviser, L.L.C. 27-1289715
2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)	¨
	(b)	¨

3.	SEC Use Only
4.	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 1,319,800
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,319,800

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,319,800
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
	11.	Percent of Class Represented by Amount in Row (9) 5.1%
	12.	Type of Reporting Person (See Instructions) IA

CUSIP No. 530307107

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw & Co., L.L.C. 13-3799946
2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)	¨
	(b)	¨

3.	SEC Use Only
4.	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 1,335,064
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,335,064

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,335,064
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
	11.	Percent of Class Represented by Amount in Row (9) 5.1%
	12.	Type of Reporting Person (See Instructions) OO

CUSIP No. 530307107

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) D. E. Shaw & Co., L.P. 13-3695715
2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)	¨
	(b)	¨

3.	SEC Use Only
4.	Citizenship or Place of Organization Delaware

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 1,362,855
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,366,855

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,366,855
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
	11.	Percent of Class Represented by Amount in Row (9) 5.2%
	12.	Type of Reporting Person (See Instructions) IA, PN

CUSIP No. 530307107

1.	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) David E. Shaw
2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a)	¨
	(b)	¨

3.	SEC Use Only
4.	Citizenship or Place of Organization United States

Number of Shares Beneficially Owned by Each Reporting Person With	5.	Sole Voting Power -0-
	6.	Shared Voting Power 1,362,855
	7.	Sole Dispositive Power -0-
	8.	Shared Dispositive Power 1,366,855

	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 1,366,855
	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
	11.	Percent of Class Represented by Amount in Row (9) 5.2%
	12.	Type of Reporting Person (See Instructions) IN

Item 1.

(a)

Name of Issuer

Liberty Broadband Corporation

(b)

Address of Issuer's Principal Executive Offices

12300 Liberty Boulevard

Englewood, Colorado 80112

Item 2.

(a)

Name of Person Filing

D. E. Shaw Kalon Portfolios, L.L.C.

D. E. Shaw Heliant Manager, L.L.C.

D. E. Shaw Heliant Adviser, L.L.C.

D. E. Shaw & Co., L.L.C.

D. E. Shaw & Co., L.P.

David E. Shaw

(b)

Address of Principal Business Office or, if none, Residence

The business address for each reporting person is:

1166 Avenue of the Americas, 9^th Floor

New York, NY 10036

(c)

Citizenship

D. E. Shaw Kalon Portfolios, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw Heliant Manager, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw Heliant Adviser, L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware.

D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware.

David E. Shaw is a citizen of the United States of America.

(d)

Title of Class of Securities

Series A common stock, par value $0.01

(e)

CUSIP Number

530307107

Item 3.

If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

Not Applicable

Item 4.

Ownership

As of December 31, 2014:

(a) Amount beneficially owned:

D. E. Shaw Kalon Portfolios, L.L.C.:	1,319,800 shares
	This is composed of 1,227,300 shares and exposure to 92,500 shares through derivative instruments.

D. E. Shaw Heliant Manager, L.L.C.:	1,319,800 shares
	This is composed of (i) 1,227,300 shares in the name of D. E. Shaw Kalon Portfolios, L.L.C. and (ii) exposure to 92,500 shares through derivative instruments in the name of D. E. Shaw Kalon Portfolios, L.L.C.

D. E. Shaw Heliant Adviser, L.L.C.:	1,319,800 shares
	This is composed of (i) 1,227,300 shares in the name of D. E. Shaw Kalon Portfolios, L.L.C. and (ii) exposure to 92,500 shares through derivative instruments in the name of D. E. Shaw Kalon Portfolios, L.L.C.

D. E. Shaw & Co., L.L.C.:	1,335,064 shares
	This is composed of (i) 1,227,300 shares in the name of D. E. Shaw Kalon Portfolios, L.L.C., (ii) exposure to 92,500 shares through derivative instruments in the name of D. E. Shaw Kalon Portfolios, L.L.C., (iii) 15,171 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iv) 93 shares in the name of D. E. Shaw Asymptote Portfolios, L.L.C.

D. E. Shaw & Co., L.P.:	1,366,855 shares
	This is composed of (i) 1,227,300 shares in the name of D. E. Shaw Kalon Portfolios, L.L.C., (ii) exposure to 92,500 shares through derivative instruments in the name of D. E. Shaw Kalon Portfolios, L.L.C., (iii) 19,885 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iv) 2,750 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of listed call options, (v) 15,171 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (vi) 93 shares in the name of D. E. Shaw Asymptote Portfolios, L.L.C., and (vii) 9,156 shares under the management of D. E. Shaw Investment Management, L.L.C.

David E. Shaw:	1,366,855 shares
	This is composed of (i) 1,227,300 shares in the name of D. E. Shaw Kalon Portfolios, L.L.C., (ii) exposure to 92,500 shares through derivative instruments in the name of D. E. Shaw Kalon Portfolios, L.L.C., (iii) 19,885 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iv) 2,750 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of listed call options, (v) 15,171 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (vi) 93 shares in the name of D. E. Shaw Asymptote Portfolios, L.L.C., and (vii) 9,156 shares under the management of D. E. Shaw Investment Management, L.L.C.

(b) Percent of class:

D. E. Shaw Kalon Portfolios, L.L.C.:	5.1%
D. E. Shaw Heliant Manager, L.L.C.:	5.1%
D. E. Shaw Heliant Adviser, L.L.C.:	5.1%
D. E. Shaw & Co., L.L.C.:	5.1%
D. E. Shaw & Co., L.P.:	5.2%
David E. Shaw:	5.2%

(i)	Sole power to vote or to direct the vote:
	D. E. Shaw Kalon Portfolios, L.L.C.:	-0- shares
	D. E. Shaw Heliant Manager, L.L.C.:	-0- shares
	D. E. Shaw Heliant Adviser, L.L.C.:	-0- shares
	D. E. Shaw & Co., L.L.C.:	-0- shares
	D. E. Shaw & Co., L.P.:	-0- shares
	David E. Shaw:	-0- shares

(ii)	Shared power to vote or to direct the vote:
	D. E. Shaw Kalon Portfolios, L.L.C.:	1,319,800 shares
	D. E. Shaw Heliant Manager, L.L.C.:	1,319,800 shares
	D. E. Shaw Heliant Adviser, L.L.C.:	1,319,800 shares
	D. E. Shaw & Co., L.L.C.:	1,335,064 shares
	D. E. Shaw & Co., L.P.:	1,362,855 shares
	David E. Shaw:	1,362,855 shares

(iii)	Sole power to dispose or to direct the disposition of:
	D. E. Shaw Kalon Portfolios, L.L.C.:	-0- shares
	D. E. Shaw Heliant Manager, L.L.C.:	-0- shares
	D. E. Shaw Heliant Adviser, L.L.C.:	-0- shares
	D. E. Shaw & Co., L.L.C.:	-0- shares
	D. E. Shaw & Co., L.P.:	-0- shares
	David E. Shaw:	-0- shares

(iv)	Shared power to dispose or to direct the disposition of:
	D. E. Shaw Kalon Portfolios, L.L.C.:	1,319,800 shares
	D. E. Shaw Heliant Manager, L.L.C.:	1,319,800 shares
	D. E. Shaw Heliant Adviser, L.L.C.:	1,319,800 shares
	D. E. Shaw & Co., L.L.C.:	1,335,064 shares
	D. E. Shaw & Co., L.P.:	1,366,855 shares
	David E. Shaw:	1,366,855 shares

David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the manager and investment adviser of D. E. Shaw Valence Portfolios, L.L.C., the investment adviser of D. E. Shaw Oculus Portfolios, L.L.C., and the managing member of (i) D. E. Shaw Investment Management, L.L.C., (ii) D. E. Shaw Heliant Adviser, L.L.C., which in turn is the investment adviser of D. E. Shaw Kalon Portfolios, L.L.C., and (iii) D. E. Shaw Adviser, L.L.C., which in turn is the investment adviser of D. E. Shaw Asymptote Portfolios, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Oculus Portfolios, L.L.C. and the managing member of (i) D. E. Shaw Heliant Manager, L.L.C., which in turn is the manager of D. E. Shaw Kalon Portfolios, L.L.C., and (ii) D. E. Shaw Manager, L.L.C., which in turn is the manager of D. E. Shaw Asymptote Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of 1,362,855 shares, and the shared power to dispose or direct the disposition of 1,366,855 shares, the 1,366,855 shares as described above constituting 5.2% of the outstanding shares and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 1,366,855 shares.

Item 5.

Ownership of Five Percent or Less of a Class

Not Applicable

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group

Not Applicable

Item 9.

Notice of Dissolution of Group

Not Applicable

Item 10.

Certification

By signing below, each of D. E. Shaw Kalon Portfolios, L.L.C., D. E. Shaw Heliant Manager, L.L.C., D. E. Shaw Heliant Adviser, L.L.C., D. E. Shaw & Co., L.L.C., D. E. Shaw & Co., L.P. and David E. Shaw certify that, to the best of such reporting person’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purposes or effect.

SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Powers of Attorney, dated December 16, 2014, granted by David E. Shaw in favor of Nathan Thomas, are attached hereto.

Dated: February 17, 2015

	D. E. Shaw Kalon Portfolios, L.L.C.

	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory


	D. E. Shaw Heliant Manager, L.L.C.

	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory


	D. E. Shaw Heliant Adviser, L.L.C.

	By:	/s/ Nathan Thomas
		Nathan Thomas
		Chief Compliance Officer


	D. E. Shaw & Co., L.L.C.

	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory


	D. E. Shaw & Co., L.P.

	By:	/s/ Nathan Thomas
		Nathan Thomas
		Chief Compliance Officer


	David E. Shaw

	By:	/s/ Nathan Thomas
		Nathan Thomas
		Attorney-in-Fact for David E. Shaw

EX-1 2 v400773_ex1.htm EXHIBIT 1

Exhibit 1

POWER OF ATTORNEY

FOR CERTAIN REGULATORY FILINGS

INCLUDING CERTAIN FILINGS

UNDER THE SECURITIES EXCHANGE ACT OF 1934

AND THE INVESTMENT ADVISERS ACT OF 1940

I, David E. Shaw, hereby make, constitute, and appoint each of:

Anne Dinning,

Julius Gaudio,

John Liftin,

Maximilian Stone,

Nathan Thomas, and

Eric Wepsic,

acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, (i) executing in my name and/or my capacity as President of D. E. Shaw & Co., Inc. (acting for itself or as the general partner of D. E. Shaw & Co., L.P. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with any registration or regulatory disclosure requirements and/or ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Form ADV, Forms 3, 4, 5, and 13F, and Schedules 13D and 13G required to be filed with the United States Securities and Exchange Commission, and (ii) delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority. Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.

This power of attorney shall be valid from the date hereof and replaces the power granted on June 22, 2012, which is hereby cancelled.

IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.

Date: December 16, 2014

DAVID E. SHAW, as President of
D. E. Shaw & Co., Inc.
/s/ David E. Shaw
New York, New York

EX-2 3 v400773_ex2.htm EXHIBIT 2

Exhibit 2

POWER OF ATTORNEY

FOR CERTAIN REGULATORY FILINGS

INCLUDING CERTAIN FILINGS

UNDER THE SECURITIES EXCHANGE ACT OF 1934

AND THE INVESTMENT ADVISERS ACT OF 1940

I, David E. Shaw, hereby make, constitute, and appoint each of:

Anne Dinning,

Julius Gaudio,

John Liftin,

Maximilian Stone,

Nathan Thomas, and

Eric Wepsic,

acting individually, as my agent and attorney-in-fact, with full power of substitution, for the purpose of, from time to time, (i) executing in my name and/or my capacity as President of D. E. Shaw & Co. II, Inc. (acting for itself or as the managing member of D. E. Shaw & Co., L.L.C. and general partner, managing member, or manager of other entities, any of which in turn may be acting for itself or other entities) all documents, certificates, instruments, statements, other filings, and amendments to the foregoing (collectively, “documents”) determined by such person to be necessary or appropriate to comply with any registration or regulatory disclosure requirements and/or ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including without limitation Form ADV, Forms 3, 4, 5, and 13F, and Schedules 13D and 13G required to be filed with the United States Securities and Exchange Commission, and (ii) delivering, furnishing, or filing any such documents to or with the appropriate governmental or regulatory authority. Any such determination shall be conclusively evidenced by such person’s execution, delivery, furnishing, and/or filing of the applicable document.

This power of attorney shall be valid from the date hereof and replaces the power granted on June 22, 2012, which is hereby cancelled.

IN WITNESS HEREOF, I have executed this instrument as of the date set forth below.

Date: December 16, 2014

DAVID E. SHAW, as President of
D. E. Shaw & Co. II, Inc.
/s/ David E. Shaw
New York, New York