February 14, 2017
Windstream receives regulatory approvals for EarthLink merger, announces fourth-
quarter, full-year 2016 earnings call
LITTLE ROCK, Ark., Feb. 14, 2017
(GLOBE NEWSWIRE)
-- Windstream Holdings, Inc. (NASDAQ:WIN) announced today
that it has received all state and federal regulatory approvals required for its merger with EarthLink Holdings Corp.
(NASDAQ:ELNK).
Windstream and EarthLink will each hold special meetings of their respective stockholders on Feb. 24 in
connection with the merger, which is expected to close in the first quarter of 2017, subject to customary closing conditions.
Windstream also announced that it will hold a conference call at 7:30 a.m. CST on March 1 to review the company's fourth-
quarter and full-year 2016 earnings results.
To access the call:
Interested parties can access the call by dialing 1-877-374-3977, conference ID 68435009.
To access the call replay:
A replay of the call will be available beginning at 10:30 a.m. CST on March 1 and ending at 10:30 a.m. CST on March 8.
The replay can be accessed by dialing 1-855-859-2056, conference ID 68435009.
Webcast information:
The conference call also will be streamed live over the company's website at www.windstream.com/investors. Financial,
statistical and other information related to the call will be posted on the site. A replay of the webcast will be available on the
website beginning at 10:30 a.m. CST on March 1 and ending at 10:30 a.m. CST on March 8.
About Windstream
Windstream Holdings, Inc. (NASDAQ:WIN), a FORTUNE 500 company, is a leading provider of advanced network
communications and technology solutions for consumers, small businesses, enterprise organizations and carrier partners
across the
U.S.
Windstream offers bundled services, including broadband, security solutions, voice and digital TV to
consumers. The company also provides data, cloud solutions, unified communications and managed services to business
and enterprise clients. The company supplies core transport solutions on a local and long-haul fiber-optic network spanning
approximately 125,000 miles. Additional information is available at windstream.com. Please visit our newsroom at
news.windstream.com or follow us on Twitter at @Windstream.
Cautionary Statement Regarding Forward-Looking Statements
This filing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are typically identified by words or phrases such as "will," "anticipate," "estimate," "expect,"
"project," "intend," "plan," "believe," "target," "forecast," and other words and terms of similar meaning. These forward-
looking statements involve a number of risks and uncertainties. Windstream cautions readers that any forward-looking
statement is not a guarantee of future performance and that actual results could differ materially from those contained in the
forward-looking statement. Such forward-looking statements include, but are not limited to, statements about the benefits of
the proposed merger involving Windstream and EarthLink, including future financial and operating results, Windstream's
and EarthLink's plans, objectives, expectations and intentions, the expected timing of completion of the transaction, and
other statements that are not historical facts. Important factors that could cause actual results to differ materially from those
indicated by such forward-looking statements are set forth in Windstream's filings with the Securities and Exchange
Commission. These include risks and uncertainties relating to: the ability to obtain the requisite Windstream and EarthLink
shareholder approvals; the risk that Windstream or EarthLink may be unable to obtain governmental and regulatory
approvals required for the merger, or required governmental and regulatory approvals may delay the merger or result in the
imposition of conditions that could cause the parties to abandon the merger; the risk that a condition to closing of the
merger may not be satisfied; the timing to consummate the proposed merger; the risk that the businesses will not be
integrated successfully; the risk that the cost savings and any other synergies from the transaction may not be fully realized
or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships
with customers, employees or suppliers; the diversion of management time on merger-related issues; general worldwide
economic conditions and related uncertainties; and the effect of changes in governmental regulations. Windstream
undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future
events or otherwise.
Additional Information and Where to Find It
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of
any vote or approval. In connection with the proposed merger between Windstream and EarthLink, on December 8, 2016
Windstream filed with the
SEC
a registration statement on Form S-4 that includes a preliminary joint proxy statement of
Windstream and EarthLink and that also constitutes a preliminary prospectus of Windstream. The S-4, as amended, was
declared effective by the
SEC
on January 17, 2017 and the definitive joint proxy statement/prospectus was first mailed to
stockholders of Windstream and EarthLink on or about January 25, 2017. Windstream and EarthLink urge investors
and shareholders to read the registration statement, and any other relevant documents filed with the
SEC
,
including the preliminary joint proxy statement/prospectus that is a part of the registration statement, and the
definitive joint proxy statement/prospectus, because they contain or will contain important information. You
may obtain copies of all documents filed with the
SEC
regarding this transaction, free of charge, at the SEC's website
(
www.sec.gov
). You may also obtain these documents, free of charge, from Windstream's website
(www.windstream.com/investors). You may also obtain these documents, free of charge, from EarthLink's website
(
www.earthlink.com
) under the tab "Investor Relations."
Participants in the Merger Solicitation
Windstream, EarthLink and their respective directors, executive officers and certain other members of management and
employees may be soliciting proxies from Windstream and EarthLink shareholders in favor of the merger and related
matters. Information regarding the persons who may, under the rules of the
SEC
, be deemed participants in the solicitation
of the companies' shareholders in connection with the proposed merger are set forth in the definitive joint proxy
statement/prospectus, dated January 23, 2017. You can find information about Windstream's executive officers and
directors in its definitive proxy statement filed with the
SEC
on April 1, 2016. You can find information about EarthLink's
executive officers and directors in its definitive proxy statement filed with the
SEC
on March 15, 2016. You can obtain free
copies of these documents from the companies using the website information above.
Media Contact:
David Avery , 501-748-5876
Investor Contact:
Christie Grumbos , 501-748-3666
Source: Windstream Holdings, Inc.
News Provided by Acquire Media
Primary Logo