Crown Castle International Announces Mandatory Conversion of 6.25% Cumulative Convertible Preferred Stock
On the Mandatory Conversion Date, holders of Preferred Stock will be entitled to receive 1.3559 shares of Crown Castle Common Stock, par value
From and after the Mandatory Conversion Date, the Preferred Stock not previously converted will be deemed to be no longer outstanding and all rights of the holders with respect to such Preferred Stock will terminate, except for the right to receive the number of whole shares of Common Stock issuable upon conversion of the Preferred Stock and cash in lieu of any fractional shares of Common Stock, as described above.
Cautionary Language Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based on
Jay Brown, CFO Fiona McKone, VP - Finance Crown Castle International Corp.713-570-3050
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