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Windstream to Sell Remaining Communications Sales & Leasing (CSAL) Stake

June 20, 2016 4:25 PM EDT

Communications Sales & Leasing, Inc. (Nasdaq: CSAL) announced the planned sale, subject to market and other conditions, by Citigroup Global Markets Inc. (Citigroup), as selling shareholder, of 14,681,071 shares of common stock (the Shares) of the Company. The Company will not receive any proceeds from the disposition of Shares in this offering. Prior to the sale, Windstream Holdings, Inc. (Windstream), the Companys former parent company, will exchange the Shares... More