Uniti Group Inc. and New Windstream, LLC have jointly announced the receipt of regulatory approval from the California Public Utilities Commission to complete their previously announced merger. This follows the acquisition of all necessary state and federal regulatory approvals, as well as the approval from the company's stockholders. The merger will see an affiliate of Windstream merge with and into Uniti, with Uniti surviving as an indirect, wholly owned subsidiary of Windstream Parent, Inc. The merger is expected to be completed after market close on or around August 1, 2025, and the newly named Uniti Group Inc. will have its common stock listed on the Nasdaq Global Market under the symbol "UNIT" starting on or around August 4, 2025. This transaction, which is expected to be taxable to Uniti's stockholders, also received a favorable private letter ruling from the IRS regarding certain tax consequences.
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