Uniti Group Inc. announced the successful completion of its previously announced merger with Windstream. As a result of the transaction, legacy Uniti Group Inc. and New Windstream, LLC have become indirect, wholly owned subsidiaries of Uniti, creating a unified digital infrastructure company.
Effective August 4, 2025, Uniti's common stock will be listed on the Nasdaq Global Select Market under the symbol "UNIT". Legacy Uniti stockholders received 0.6029 shares of Uniti common stock for each share held, resulting in them collectively owning approximately 62% of the outstanding common stock of the combined company.
Following the merger, Uniti intends to promptly combine the legacy Uniti indebtedness and legacy Windstream indebtedness under a single organizational silo, expected on or around August 4, 2025. This integration aims to simplify the capital structure and enhance operational efficiency for the newly combined entity.
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