Windstream Seeks Calif. OK of Uniti Deal

Windstream sought California approval of a May 3 pact with Uniti Group, in which Windstream will become the subsidiary of a new parent corporation, the telco said in a Wednesday application at the California Public Utilities Commission. “No assignment of licenses, certificates, assets, or customers by the Windstream Licensees nor the immediate parent entities of the Windstream Licensees will occur as a consequence of the proposed Transaction, which will occur at the parent holding company level.”