Windstream Holdings Inc. (fka WINMQ)

[justthefactsmam]

linda,

follow up to prior comment.

excerpt from attached link:

Among the other qualified bidders is Windstream, which is reorganizing under chapter 11 bankruptcy but got permission from the court for "up to $400 million of its $1 billion in debtor-in-possession (“DIP”) financing" to allow it to continue operating its business as usual, including apparently investing in spectrum, and in its future, if it wins any in the auction.

https://www.multichannel.com/news/fcc-auction-tops-1-5-billion

based on the march 27 date of the above link, my guess is most of the $400 million has yet to be spent and it seems likely that's why the "good cash and cash equivalents" as of march 31 is $432 million.