Uniti Is in Talks to Merge With Telecom Provider Windstream.

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  • Additional Information
    • Subject Terms:
      WINDSTREAM Holdings Inc. WIN
    • Abstract:
      Uniti Group Inc. is currently in discussions to merge with telecommunications provider Windstream. The potential merger would involve a stock-based transaction, allowing Uniti to remain publicly traded. However, no agreement has been reached yet, and the talks may not result in a merger. Uniti, a real estate investment trust, owns fiber and wireless towers and considers Windstream its largest customer. Windstream, which offers broadband services in rural areas, recently emerged from bankruptcy with the support of Elliott Investment Management and Oaktree Capital Management. [Extracted from the article]
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