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InsideArbitrage Potential Deal Alert: Uniti Group (UNIT), Windstream Are Closing in on $15 Billion Combination

  • April 24, 2024

POTENTIAL DEAL DETAILS

StockUniti GroupSymbolUNIT
Date Announced04/24/2024Source Bloomberg
TypeNews Report

According to Bloomberg, Uniti Group (UNIT) is in advanced talks to reunite with telecommunications provider Windstream in a merger that could be valued at up to $15 billion, including debt. The companies — whose separation a decade ago led to Windstream’s bankruptcy — could announce a merger within a week or so.

Uniti Group Investor Relations

Windstream Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.