Windstream Holdings Inc. (NASDAQ: WIN) has provided an update on its real estate investment trust (REIT) spinoff. The company expects to retain 19.9% of shares in the REIT and distribute the remaining amount to its shareholders.
Windstream Holdings, Inc. (NASDAQ:WIN) announced to make several changes to its proposed REIT spinoff on Thursday. It now plans to retain a 19.9% stake in the REIT, while distributing the remaining to shareholders.
[Zacks] Windstream Hosted Solutions, a division of Windstream Holdings, Inc.(NASDAQ:WIN), has joined hands with security software provider - Imperva Inc. (IMPV) - to expand the Windstream enterprise security portfolio.