• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Uniti Group Inc. Stockholders Approve Proposed Merger with Windstream Holdings II, LLC

    4/2/25 4:15:03 PM ET
    $UNIT
    Real Estate Investment Trusts
    Real Estate
    Get the next $UNIT alert in real time by email

    LITTLE ROCK, Ark., April 02, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) announced today that its stockholders voted to approve the previously announced proposed merger with an affiliate of Windstream Holdings II, LLC ("Windstream") and certain other related proposals at a special meeting of the Company's stockholders. Over 90% of the shares of Uniti common stock present and represented at the special meeting voted in favor of the proposed merger.

    The final voting results for the special meeting will be filed in a Form 8-K with the U.S. Securities and Exchange Commission on April 2, 2025.

    As previously announced, under the terms of the definitive merger agreement, an affiliate of Windstream will merge with and into Uniti, with Uniti surviving the merger as an indirect, wholly owned subsidiary of Windstream Parent, Inc. (the "Merger"). Windstream Parent, Inc. will be renamed "Uniti Group Inc." in connection with the Merger, and its common stock is expected to be listed on the Nasdaq Global Market under the symbol "UNIT." Uniti stockholders will receive approximately 62% of the outstanding common stock of the combined company. Windstream shareholders will receive $425 million of cash, $575 million of preferred stock in the combined company and approximately 38% of the outstanding common stock of the combined company. Windstream shareholders will additionally receive non-voting warrants to acquire up to 6.9% of common stock of the combined company.

    The transaction is expected to close in the second half of 2025, subject to the receipt of certain regulatory approvals.

    ABOUT UNITI

    Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of December 31, 2024, Uniti owns approximately 145,000 fiber route miles, 8.8 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.

    FORWARD-LOOKING STATEMENTS

    Certain statements in this communication may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. Those forward-looking statements include all statements that are not historical statements of fact, including, without limitation, statements regarding the Merger and the future performance of Uniti, Windstream and the combined company following the Merger (the "Merged Group"), the perceived and potential synergies and other benefits of the Merger, and expectations around the financial impact of the Merger on the Merged Group's financials. In addition, this communication contains statements concerning the intentions, beliefs and expectations, plans, strategies and objectives of the directors and management of Uniti and Windstream for Uniti and Windstream, respectively, and the Merged Group, the anticipated timing for and outcome and effects of the Merger (including expected benefits to stockholders of Uniti), expectations for the final capital structure, ongoing development and growth potential of the Merged Group and the future operation of Uniti, Windstream and the Merged Group.

    Words such as "anticipate(s)," "expect(s)," "intend(s)," "estimate(s)," "foresee(s)," "plan(s)," "believe(s)," "may," "will," "would," "could," "should," "seek(s)," "appear(s)," "target(s)," "project(s)," "contemplate(s)," "predict(s)," "potential," "continue(s)" and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could lead to actual results differing materially from those projected, forecasted or expected and may include statements regarding the expected timing and structure of the Merger; the ability of the parties to complete the Merger considering the various closing conditions; the expected benefits of the Merger, such as improved operations, enhanced revenues and cash flow, synergies, growth potential, market profile, business plans, expanded portfolio and financial strength; the competitive ability and position of the Merged Group following completion of the Merger; and anticipated growth strategies and anticipated trends in Uniti's, Windstream's and, following the expected completion of the Merger, the Merged Group's business. Although management believes that the assumptions underlying the forward-looking statements are reasonable, the Company can give no assurance that its expectations will be attained. Factors which could materially alter the Company's expectations include, but are not limited to, changes in the U.S. tax law and other state, federal or local laws, whether or not specific to real estate investment trusts; other risks inherent in the communications industry and in the ownership of communications distribution systems, including potential liability relating to environmental matters and illiquidity of real estate investments; the satisfaction of the conditions precedent to the consummation of the Merger, including, without limitation, regulatory approvals on the terms desired or anticipated; unanticipated difficulties or expenditures relating to the Merger, including, without limitation, difficulties that result in the failure to realize expected synergies, efficiencies and cost savings from the Merger within the expected time period (if at all); potential difficulties in Uniti's and Windstream's ability to retain employees as a result of the announcement and pendency of the Merger; risks relating to the value of the Merged Group's securities to be issued in connection with the Merger; disruptions of Uniti's and Windstream's current plans, operations and relationships with customers caused by the announcement and pendency of the Merger; legal proceedings that may be instituted against Uniti or Windstream following announcement of the Merger; funding requirements; regulatory restrictions (including changes in regulatory restrictions or regulatory policy); risks associated with general economic conditions; and additional factors described in the Company's reports filed with the SEC, including Uniti's annual report on Form 10-K, periodic quarterly reports on Form 10-Q, periodic current reports on Form 8-K and other documents filed with the SEC.

    All forward-looking statements are based on information and estimates available at the time of this communication and are not guarantees of future performance.

    Except as required by applicable law, Uniti does not assume any obligation to, and expressly disclaims any duty to, provide any additional or updated information or to update any forward-looking statements, whether as a result of new information, future events or results, or otherwise. Nothing in this communication will, under any circumstances (including by reason of this communication remaining available and not being superseded or replaced by any other presentation or publication with respect to Uniti, Windstream or the Merged Group, or the subject matter of this communication), create an implication that there has been no change in the affairs of Uniti or Windstream since the date of this communication.

    INVESTOR AND MEDIA CONTACTS:

    Paul Bullington, 251-662-1512

    Senior Vice President, Chief Financial Officer & Treasurer

    [email protected]

    Bill DiTullio, 501-850-0872

    Senior Vice President, Investor Relations & Treasury

    [email protected]

    This press release was published by a CLEAR® Verified individual.



    Primary Logo

    Get the next $UNIT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $UNIT

    DatePrice TargetRatingAnalyst
    2/24/2025$6.00 → $8.00Outperform → Strong Buy
    Raymond James
    5/6/2024$8.00 → $6.00Strong Buy → Outperform
    Raymond James
    11/7/2023$3.50Neutral → Underperform
    BofA Securities
    More analyst ratings

    $UNIT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Uniti Group Inc. Reports First Quarter 2025 Results

      Updates 2025 Outlook Net Income of $12.2 Million for the First QuarterNet Income of $0.05 Per Diluted Common Share for the First QuarterAFFO of $0.35 Per Diluted Common Share for the First Quarter LITTLE ROCK, Ark., May 06, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the first quarter 2025. "We are off to a strong start at Uniti this year and are executing well on the goals we set out for 2025. Our core recurring strategic fiber revenue grew approximately 4% in the first quarter of 2025 when compared to the first quarter of 2024, consolidated bookings were up 40% during the first quarter when compared to the same pe

      5/6/25 8:00:04 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Group Inc. to Present at Upcoming Conferences

      LITTLE ROCK, Ark., May 01, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the following upcoming conferences: J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 13, 2025 at 3:50 PM EDT in Boston, MA. MoffettNathanson 2025 Media, Internet & Communications Conference on May 14, 2025 at 8:00 AM EDT in New York, NY. You may access a live webcast of these events on Uniti's Investor Relations website at investor.uniti.com. The webcasts will be available for replay for a limited time following the presentations. ABOUT UNITI Uniti, a

      5/1/25 4:15:52 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Appoints John Harrobin President of Kinetic

      LITTLE ROCK, Ark., April 23, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its appointment of John Harrobin as President of Kinetic, effective following the successful close of Uniti's merger with Windstream Holdings II, LLC ("Windstream"), which the Company continues to expect will be in the second half of 2025. Mr. Harrobin will have operational, go-to-market, and financial responsibilities for one of the largest remaining independent fiber-to-the-home platforms in the country. Harrobin most recently served as Executive Vice President, Consumer, at Frontier Communications, where he led a $3 billion business unit, returning it to custo

      4/23/25 4:15:39 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate

    $UNIT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP - CHIEF TECHNOLOGY OFFICER Friloux Michael covered exercise/tax liability with 6,288 shares, decreasing direct ownership by 1% to 578,808 units (SEC Form 4)

      4 - Uniti Group Inc. (0001620280) (Issuer)

      2/28/25 4:41:08 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • SVP-CFO & Treasurer Bullington Paul covered exercise/tax liability with 7,807 shares, decreasing direct ownership by 0.96% to 809,454 units (SEC Form 4)

      4 - Uniti Group Inc. (0001620280) (Issuer)

      2/28/25 4:29:54 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • SVP-CHIEF REVENUE OFFICER Mudry Ronald J. covered exercise/tax liability with 5,608 shares, decreasing direct ownership by 1% to 550,579 units (SEC Form 4)

      4 - Uniti Group Inc. (0001620280) (Issuer)

      2/28/25 4:25:34 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate

    $UNIT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Uniti Group Inc. (Amendment)

      SC 13G/A - Uniti Group Inc. (0001620280) (Subject)

      2/13/24 4:55:57 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13G/A filed by Uniti Group Inc. (Amendment)

      SC 13G/A - Uniti Group Inc. (0001620280) (Subject)

      1/22/24 2:03:06 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13G/A filed by Uniti Group Inc. (Amendment)

      SC 13G/A - Uniti Group Inc. (0001620280) (Subject)

      2/14/23 4:02:59 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate

    $UNIT
    Leadership Updates

    Live Leadership Updates

    See more
    • Uniti Appoints John Harrobin President of Kinetic

      LITTLE ROCK, Ark., April 23, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its appointment of John Harrobin as President of Kinetic, effective following the successful close of Uniti's merger with Windstream Holdings II, LLC ("Windstream"), which the Company continues to expect will be in the second half of 2025. Mr. Harrobin will have operational, go-to-market, and financial responsibilities for one of the largest remaining independent fiber-to-the-home platforms in the country. Harrobin most recently served as Executive Vice President, Consumer, at Frontier Communications, where he led a $3 billion business unit, returning it to custo

      4/23/25 4:15:39 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Nominates Harold Zeitz for Election to its Board of Directors

      LITTLE ROCK, Ark., April 17, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced that its Board of Directors (the "Board") has nominated Harold Zeitz for election to the Board as an independent director at the 2025 annual meeting of stockholders (the "Annual Meeting"). The Board also nominated current directors, Francis X. "Skip" Frantz (Chairman of the Board), Scott Bruce, Carmen Perez-Carlton, and Kenny Gunderman (President and CEO of Uniti) for re-election to the Board. The Company also announced that Jennifer Banner will not stand for re-election, and her current term as a director will end at the Annual Meeting following a decade of servi

      4/17/25 8:00:21 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate

    $UNIT
    Financials

    Live finance-specific insights

    See more
    • Uniti Group Inc. Reports First Quarter 2025 Results

      Updates 2025 Outlook Net Income of $12.2 Million for the First QuarterNet Income of $0.05 Per Diluted Common Share for the First QuarterAFFO of $0.35 Per Diluted Common Share for the First Quarter LITTLE ROCK, Ark., May 06, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the first quarter 2025. "We are off to a strong start at Uniti this year and are executing well on the goals we set out for 2025. Our core recurring strategic fiber revenue grew approximately 4% in the first quarter of 2025 when compared to the first quarter of 2024, consolidated bookings were up 40% during the first quarter when compared to the same pe

      5/6/25 8:00:04 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Group Inc. To Report First Quarter 2025 Financial Results and Host Conference Call

      LITTLE ROCK, Ark., April 08, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that it will report its first quarter 2025 financial results prior to the opening of trading on the Nasdaq Stock Exchange on May 6, 2025. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time. The conference call will be webcast live on Uniti's Investor Relations website at investor.uniti.com. Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here.   A replay of the call will also be made available on the Investor Relations website. ABOUT UNITI Uniti, an internally manage

      4/8/25 4:15:00 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Group Inc. Reports Fourth Quarter and Full Year 2024 Results

      Recently Completed Landmark ABS Financing Provides Attractive Alternative Source of Capital While Further Strengthening Uniti's Balance Sheet Provides Initial 2025 Outlook Net Income of $21.6 Million and $93.4 Million for the Fourth Quarter and Full Year, RespectivelyNet Income of $0.09 and $0.38 Per Diluted Common Share for the Fourth Quarter and Full Year, RespectivelyAFFO of $0.35 and $1.35 Per Diluted Common Share for the Fourth Quarter and Full Year, Respectively LITTLE ROCK, Ark., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the fourth quarter and full year 2024. "2024 was a transformational year for U

      2/21/25 8:00:26 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate

    $UNIT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Uniti Group upgraded by Raymond James with a new price target

      Raymond James upgraded Uniti Group from Outperform to Strong Buy and set a new price target of $8.00 from $6.00 previously

      2/24/25 8:28:50 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Group downgraded by Raymond James with a new price target

      Raymond James downgraded Uniti Group from Strong Buy to Outperform and set a new price target of $6.00 from $8.00 previously

      5/6/24 7:43:47 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Group downgraded by BofA Securities with a new price target

      BofA Securities downgraded Uniti Group from Neutral to Underperform and set a new price target of $3.50

      11/7/23 1:18:29 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate

    $UNIT
    SEC Filings

    See more
    • Amendment: Uniti Group Inc. filed SEC Form 8-K: Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits

      8-K/A - Uniti Group Inc. (0001620280) (Filer)

      5/6/25 4:57:38 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • SEC Form 10-Q filed by Uniti Group Inc.

      10-Q - Uniti Group Inc. (0001620280) (Filer)

      5/6/25 4:04:02 PM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate
    • Uniti Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Uniti Group Inc. (0001620280) (Filer)

      5/6/25 8:01:40 AM ET
      $UNIT
      Real Estate Investment Trusts
      Real Estate