Tower owner Uniti gains amid report of talks to merge with Windstream

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Tower owner Uniti gains amid report of talks to merge with Windstream


Marvin Samuel Tolentino Pineda/iStock via Getty Images

Tower owner Uniti (NASDAQ:UNIT) rose 5.5% in after hours trading on Friday amid a report that it’s in discussions to merge with telecommunications provider Windstream.

The companies are negotiating a stock-baded deal in which Uniti (UNIT) would remain publicly listed, according toBloomberg report

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