Shenandoah Telecommunications Company (NASDAQ:SHEN) Files An 8-K Entry into a Material Definitive Agreement

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Shenandoah Telecommunications Company (NASDAQ:SHEN) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01.

Entry into a Material Definitive Agreement.
The information set forth in Item 3.03 related to the Amendment
(as defined therein) is incorporated herein by reference.
Item 1.02.
Termination of a Material Definitive Agreement.
The information set forth in Item 3.03 related to the Amendment
is incorporated herein by reference.
Item 3.03.
Material Modification to Rights of Security Holders.
On February 22, 2017, the Board of Directors of Shenandoah
Telecommunications Company (the Company) voted to terminate the
Companys Shareholder Rights Plan as described below. Also, the
Company and American Stock Transfer and Trust Company (the Rights
Agent), have executed an Amendment (the Amendment), dated as of
February 23, 2017, to that certain Rights Agreement dated as of
January 24, 2008, between the Company and the Rights Agent (the
Rights Agreement), regarding the Companys common stock purchase
rights (the Rights).
The Amendment will have the effect of causing the Rights
Agreement and the Rights to terminate on February 28, 2017.
The description contained herein of the Amendment is qualified in
its entirety by reference to the terms of such document, which is
attached hereto as an exhibit and incorporated herein by this
reference.
Item 9.01.
Financial Statements and Exhibits.
(d)
Exhibits.
4.1
Amendment to Rights Agreement, dated February 23, 2017,
between the Company and American Stock Transfer and Trust
Company, as Rights Agent.


About Shenandoah Telecommunications Company (NASDAQ:SHEN)

Shenandoah Telecommunications Company is a telecommunications holding company. The Company, through its subsidiaries, provides both regulated and unregulated telecommunications services to end user customers and other telecommunications providers. Its segments include Wireless, which provides digital wireless service to a portion of over four-state area covering the region from Harrisburg, York and Altoona, Pennsylvania, to Harrisonburg, Virginia; Cable segment, which provides video, Internet and voice services in franchise areas in portions of Virginia, West Virginia and western Maryland, and leases fiber optic facilities throughout its service area; Wireline segment, which provides regulated and unregulated voice services, digital subscriber lines Internet access and long distance access services throughout Shenandoah county, and Other segment, which includes operations of the Company. Its subsidiaries include NTELOS Holdings Corp. and Shenandoah Personal Communications, LLC.

Shenandoah Telecommunications Company (NASDAQ:SHEN) Recent Trading Information

Shenandoah Telecommunications Company (NASDAQ:SHEN) closed its last trading session down -0.27 at 28.77 with 206,857 shares trading hands.