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WINMQ - Windstream/Uniti Settlement: Better Than Expected
Windstream Holdings Inc - Ordinary Shares
Last week, a detailed settlement proposal was published under which Windstream (WINMQ), or Win, and Uniti (UNIT) agreed to settle their court case. Although a trial is set for the first week of March, it is the expectation that the two parties agree on a settlement in a matter of days or weeks.
The settlement will have a substantial impact on especially the shareholders of Uniti. Over the last weeks, the discussion shifted from the risk of a trial, and its outcome, to the uncertainties around a settlement. In this article, we try to