Since there is only 43 M O/S I think that it is realistic the Commons will not be cancelled.
Here is what Windstream says on its website:
“ It is too early to say what will happen to Windstream’s common stock as a result of the court-supervised restructuring process.
Often, however, the common stock of a company in Chapter 11 proves to not have value and is cancelled upon the company’s emergence from the court-supervised process. “
“ Any recovery to existing shareholders will ultimately be determined in connection with the court-supervised process. “
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