Alaska’s largest telecommunications company, GCI, has been acquired by a larger conglomerate. Colorado-based Liberty Interactive Corp. reportedly bought GCI for $1.12 billion. The larger conglomerate has holdings in other telecommunications companies under the name Liberty Ventures, as well as home shopping cable channels HSN and QVC under the name QVC Group Inc.
The state doesn’t have its own estimate for how much oil was released into Cook Inlet or knowledge of what caused the leak. It’s latest in a string of incidents for Hilcorp, facing a wave of scrutiny from regulators and environmental groups.