Crown Castle Merges With Crown Castle

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Crown Castle stockholders voted to adopt the previously announced merger agreement with its wholly owned subsidiary, Crown Castle REIT. Crown Castle began operating as a REIT for tax purposes on January 1, and this proposal to complete the merger ensures the effective adoption of certain charter provisions that implement REIT-related ownership limitations and transfer restrictions related to its capital stock. The merger is expected to close no later than December 31, 2014, according to the company press release.

November 21, 2014 |
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