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Stock impact report

Leading Proxy Advisory Firms ISS, Glass Lewis And Egan-Jones Recommend Cincinnati Bell Shareholders Vote For The Transaction With Macquarie Infrastructure Partners

Cincinnati Bell Inc. (CBB) 
Last cincinnati bell inc. earnings: 2/13 06:15 am Check Earnings Report
Company Research Source: PR Newswire
CINCINNATI, April 28, 2020 /PRNewswire/ -- Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati Bell"), today announced that leading proxy advisory firms Institutional Shareholder Services Inc. ("ISS"), Glass Lewis & Co., LLC ("Glass Lewis") and Egan-Jones Ratings Company ("Egan-Jones") have all recommended that Cincinnati Bell shareholders vote FOR the proposed merger whereby a controlled subsidiary of Macquarie Infrastructure Partners ("MIP") has agreed to acquire all outstanding shares of Cincinnati Bell pursuant to a plan of merger (the "Transaction"). The terms and conditions of the Transaction are further described in an 8-K Cincinnati Bell filed with the U.S. Securities and Exchange Commission (the "SEC") on March 13, 2020 and the Definitive Proxy Statement filed with the SEC on March 25, 2020 (the "Proxy Statement").Lynn A. Wentworth, Chairman of the Cincinnati Bell Board of Directors, said, "We are very pleased that ISS, Glass Lewis and Egan-Jones have all recommended our shareholder Show less Read more
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