Introduction
Uniti Group (UNIT) has been one of those companies that has been a great one to follow for those who like financial soap operas. The troubles have generally centered around their largest tenant, Windstream Services (OTCPK:WINMQ), the company they were originally spun off from.
When WIN started having financial trouble and cut their dividend, UNIT's common share price dropped. WIN ended up embroiled in a lawsuit with Aurelius Capital, with Aurelius claiming that the spin off of UNIT constituted a violation of the covenants for the bonds that Aurelius owned,