Crown Castle stockholders voted to adopt the previously announced merger agreement with its wholly owned subsidiary, Crown Castle REIT. Crown Castle began operating as a REIT for tax purposes on January 1, and this proposal to complete the merger ensures the effective adoption of certain charter provisions that implement REIT-related ownership limitations and transfer restrictions related to its capital stock. The merger is expected to close no later than December 31, 2014, according to the company press release.
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