Thread regarding Windstream Corp. layoffs

Uniti and Windstream reach agreement

Uniti 8k:
https://investor.uniti.com/node/9906/html

Court filing:
http://www.kccllc.net/windstream/document/1922312200302000000000001

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| 1591 views | | 3 replies (last March 3, 2020) | Reply
Post ID: @OP+13MQdypz

3 replies (most recent on top)

how does that translate to less outages and winning business.

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Post ID: @1xkk+13MQdypz

Key points from the settlement:

Uniti will sell to "certain first lien creditors" of Windstream 38,633,470 shares of Uniti common stock, par value $0.0001 per share (the "Settlement Common Stock"), at a price of $6.33 per share.

Elliot makes out by trading up their WINMQ for for some UNIT shares, everyone goes home happy ending.

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Post ID: @dxu+13MQdypz

This is a shorter explanation:
https://www.businesswire.com/news/home/20200302005580/en/Uniti-Windstream-Reach-Agreement-Principle-Settlement-Litigation

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Post ID: @fpf+13MQdypz

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