CT Communications Schedules Vote For Proposed Windstream Merger

CT Communications (CTCI) filed a Definitive Proxy statement with the SEC Friday stating that they have scheduled a special meeting to vote on the proposed merger with Windstream Corporation (WIN).

Shareholders of record as of the close of business on June 28, 2007 are eligible to vote to approve the merger.

Windstream offered CT Communications shareholders $31.50 per share in an offer announced in May.

According to the filing, the merger is still subject to approvals from the Federal Communications Commission and the expiration of the Hart-Scott-Rodino waiting period.

The merger of the two telecommunications companies is expected to close in the second half of 2007.

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