Brief: Telephone and Data Systems Announces Proposal To Acquire Public Shares Of Array Digital Infrastructure

Telephone and Data Systems

08/05/2026 12:09

May 8 (Reuters) - Array Digital Infrastructure Inc AD.N:

TELEPHONE AND DATA SYSTEMS ANNOUNCES PROPOSAL TO ACQUIRE PUBLIC SHARES OF ARRAY DIGITAL INFRASTRUCTURE

TELEPHONE AND DATA SYSTEMS INC: EACH ARRAY COMMON SHARE NOT OWNED BY TDS WOULD BE EXCHANGED FOR 0.86 OF A TDS COMMON SHARE

TELEPHONE AND DATA SYSTEMS : UNDER TERMS OF PROPOSAL, EACH ARRAY COMMON SHARE NOT OWNED BY TDS WOULD BE EXCHANGED FOR 0.86 OF A TDS COMMON SHARE

TELEPHONE AND DATA SYSTEMS INC: TRANSACTION IS EXPECTED TO QUALIFY AS A TAX-FREE REORGANIZATION

TELEPHONE AND DATA SYSTEMS INC: TDS DOES NOT INTEND TO SELL OR OTHERWISE TRANSFER ITS INTEREST IN ARRAY

Source text: ID:nPn364QN6a

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