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Windstream's REIT Spin-Out & Reverse Stock-Split - Now What?

2015-04-26 21:22:04| Grocery - Topix.net

After the market closed on Friday April 24, legacy rural telecom provider Windstream Holdings, Inc. announced that it had completed the tax-free spinoff of "select telecommunications network assets," into Communications Sales and Leasing Inc. . The transaction is also the catalyst for changes in the Windstream dividend; and a one-for-six reverse stock split which could be confusing for investors and traders to understand.

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