Malone's GCI Takeover: Secrecy Approved

The Regulatory Commission of Alaska has approved John Malones request for financial secrecy, allowing him to keep his personal finances and GCI subsidiaries details private. This decision, made just before Black Friday, aligns with previous commission practices and limited regulatory power. Despite public opposition, Malones attorneys argued no public interest would be served by disclosure. The commissions decision on Malones request to increase voting power above fifty percent is still pending, with a final determination expected by April first. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.