Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

REIT Conversion

Winstream Holdings (WIN) completes spinoff of CSAL

Windstream Holdings (WIN) announced it has successfully completed the tax-free spinoff of select telecommunications network assets into Communications Sales and Leasing (CSAL), an independent publicly traded REIT. In addition, Windstream also announced the near completion of a one-for-six reverse stock split of Windstream’s shares.  Source

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