Consolidated Communications (CNSL) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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On January 31, 2024, Consolidated Communications Holdings, Inc. conducted a virtual special meeting where stockholders voted on proposals related to a Merger Agreement with Condor Holdings LLC and Condor Merger Sub Inc., both affiliated with Searchlight Capital Partners. Approximately 89.40% of the total shares entitled to vote were present, constituting a quorum. All three proposals, including the adoption of the Merger Agreement, approval of executive compensation in relation to the merger, and a potential adjournment for additional proxy solicitation, were approved by the requisite number of stockholder votes, negating the need for any adjournment.
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For a comprehensive understanding of the announcement, you can read the full document here.
