Accordingly, we are not persuaded by the arguments of M&M, CCA, and T-Mobile that the Applications should be denied. 23. We also deny the petitions of the Former Shareholders. Their arguments of alleged undervaluation of FiberTower assets relate to a separate bankruptcy proceeding that, as the Applicants point out, began in 2012. 59 Whether the Former Shareholders have any remaining rights in those assets - which the Applicants argue they do not - is not for the Commission to decide. The Commission does not adjudicate private contractual disputes in transaction proceedings.
