HOUSTON, June 13, 2014 (GLOBE NEWSWIRE) -- Crown Castle International Corp. ("Crown Castle") (NYSE:CCI) today announced that its newly formed, wholly owned subsidiary, Crown Castle REIT Inc. ("CCR"), filed a proxy statement/prospectus on Form S-4 with the Securities and Exchange Commission ("SEC") in connection with Crown Castle's recent commencement of operations as a real estate investment trust ("REIT"). Crown Castle proposes to merge with and into CCR in connection with adopting certain charter provisions that implement REIT-related ownership limitations and transfer restrictions related to its capital stock, subject to approval by the holders of Crown Castle's common stock. Crown Castle expects to hold a special meeting of stockholders in the fourth quarter of 2014 for the purpose of voting on the proposed merger.
Crown Castle REIT Inc. Files Form S-4
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts