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Article: Shareholders Approve Cincinnati Bell-IXC Merger.
- Article from:
- Business Wire
- Article date:
- October 29, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CINCINNATI, Ohio, and AUSTIN, Texas--(BUSINESS WIRE)-- Oct. 29, 1999--
Shareholders of Cincinnati Bell Inc. (NYSE:CSN) and IXC Communications, Inc. (Nasdaq:IIXC) today approved proposals clearing the way for Cincinnati Bell to acquire IXC.
Cincinnati Bell shareholders meeting in Cincinnati voted overwhelmingly in favor of a proposal to issue additional Cincinnati Bell common shares to IXC shareholders in the merger. The share authorization was the only issue voted on at the meeting.
At a separate meeting in Austin, IXC shareholders overwhelmingly approved each of two proposals submitted for their vote. One proposal was to adopt the merger ...
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