8-KOther Events

CROWN CASTLE INC. 8-K Report, Corporate Update (Nov 20, 2006)

Filed November 20, 2006For Securities:CCI

Summary

Crown Castle International Corp. (CCI) filed an 8-K on November 20, 2006, primarily to provide updates on its previously announced merger with Global Signal Inc. The company has set the record date for November 27, 2006, and the special meeting date for January 11, 2007, for stockholders to vote on the share issuance proposal related to the merger. The expected closing date for the merger is January 12, 2007, subject to shareholder approval and other conditions. Key regulatory milestones have been met, including the SEC not reviewing the Form S-4 Registration Statement and the termination of HSR waiting periods. The FCC has also granted consent for the transfer of licenses. Investors are encouraged to review the detailed information in the Form S-4, which includes a preliminary joint proxy statement/prospectus, for comprehensive details on the transaction and its implications.

Key Highlights

  • 1Crown Castle has established a record date (November 27, 2006) and a special meeting date (January 11, 2007) for stockholders to vote on the proposed merger with Global Signal Inc.
  • 2The merger is expected to close on January 12, 2007, contingent upon shareholder approval and satisfaction of other closing conditions.
  • 3The SEC has informed Crown Castle that it will not be reviewing the Form S-4 Registration Statement related to the merger.
  • 4All necessary Hart-Scott-Rodino (HSR) antitrust waiting periods have been terminated.
  • 5The Federal Communications Commission (FCC) has approved the transfer of licenses from Global Signal to the surviving entity post-merger.
  • 6The filing encourages investors and security holders to read the Form S-4 and related filings for important information regarding the merger.
  • 7The document includes cautionary language regarding forward-looking statements and advises investors to consult SEC filings for potential risk factors.

Frequently Asked Questions

The primary purpose of this Form 8-K filing is to announce key dates and regulatory updates concerning Crown Castle's previously announced merger with Global Signal Inc. This includes setting the record and special meeting dates for stockholder votes and confirming the progress of regulatory approvals.

Crown Castle stockholders of record as of the close of business on November 27, 2006, will be eligible to vote. The special meeting to consider and vote on the merger proposal is scheduled for January 11, 2007.

Subject to shareholder approval and the satisfaction of other closing conditions, Crown Castle currently expects the merger with Global Signal to be consummated on January 12, 2007.

Key regulatory milestones have been achieved. The SEC will not be reviewing the Form S-4, HSR antitrust waiting periods have terminated, and the FCC has consented to the transfer of Global Signal's licenses. However, shareholder approval is still a critical condition.