Straight Path Stockholders Approve Merger with Verizon
August 02 2017 - 4:14PM
Business Wire
Straight Path Communications Inc. (“Straight Path”) (NYSE MKT:
STRP) stockholders today voted to adopt the merger agreement
between Straight Path Communications Inc., Verizon Communications
Inc. and Waves Merger Sub I, Inc., with 89% of the votes entitled
to be cast at the special meeting of stockholders voting; and of
the votes cast, approximately 99% were cast in favor of the
proposal.
About Straight Path Communications Inc.
Straight Path (NYSE MKT: STRP) holds an extensive portfolio of
39 GHz and 28 GHz wireless spectrum licenses. Straight Path is
developing next generation wireless technology through its Straight
Path Ventures subsidiary. Straight Path holds licenses and conducts
other business related to certain patents through its Straight Path
IP Group subsidiary. Additional information is available on
Straight Path's websites.
Corporate: www.straightpath.com.Spectrum: www.straightpath39.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170802006531/en/
Straight PathYonatan Cantor,
804-433-1523yonatan.cantor@straightpath.comorSKDKnickerbockerMaureen
Shanahan, 407-620-6046mshanahan@skdknick.com
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