Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders.
At a special meeting of Stockholders (the Special Meeting) of
Consolidated Communications Holdings, Inc. (the Company) held on
March 28, 2017, 35,941,602 shares of common stock, $0.01 par
value, or approximately 71.02% of the 50,605,844 shares of common
stock outstanding and entitled to vote at the Special Meeting,
were present in person or by proxy. Set forth below is the matter
acted upon by the Companys stockholders at the Special Meeting
and the final voting results on such matter.
Proposal No. 1: Approval of the issuance of Company
common stock to FairPoint Communications, Inc. (FairPoint)
stockholders in the Merger contemplated by the Agreement and Plan
of Merger, dated as of December 3, 2016, by and among the
Company, FairPoint, and Falcon Merger Sub Inc., a Delaware
corporation and a wholly-owned subsidiary of the Company (as
amended by the First Amendment to Agreement and Plan of Merger
entered into as of January 20, 2017, the Merger
Agreement).
With respect to the approval of the issuance of Company common
stock to FairPoint stockholders in the Merger contemplated by the
Merger Agreement, the number of votes cast for and against this
matter, as well as the number of abstentions and broker
non-votes, were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 35,209,250 | 422,212 | 310,140 |
Proposal No. 1, having received the affirmative vote of the
holders of more than a majority of the votes present, in person
or by proxy, and entitled to vote on the matter at the Special
Meeting, was adopted.
Item 8.01. Other Events.
On March 28, 2017, the Company issued a press release reporting
that at the Special Meeting, held the same day, the Companys
stockholders approved the issuance of Company common stock to
FairPoint stockholders in the Merger contemplated by the Merger
Agreement. A copy of the press release making this announcement
is attached hereto as Exhibit 99.1 and incorporated into this
Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description |
| 99.1 | Press Release re: Special Meeting dated March 28, 2017 |
About Consolidated Communications Holdings, Inc. (NASDAQ:CNSL)
Consolidated Communications Holdings, Inc. is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas and Wisconsin. The Company operates as both an Incumbent Local Exchange Carrier (ILEC) and a Competitive Local Exchange Carrier (CLEC) dependent upon the territory served. The Company provides a range of services and products that include local and long-distance service, broadband Internet access, video services, Voice over Internet Protocol (VoIP), private line services, carrier grade access services, network capacity services over its regional fiber optic networks, cloud data services, data center and managed services, directory publishing, equipment sales and cloud data services. The Company markets services to its residential customers either individually or as a bundled package. Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) Recent Trading Information
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) closed its last trading session up +0.14 at 23.17 with 224,015 shares trading hands.
