Crown Castle Completes REIT Merger With Wholly Owned Subsidiary

HOUSTON, Dec. 16, 2014 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today the completion of the previously announced merger with its former parent ("Predecessor Crown"). Crown Castle completed the merger to facilitate its continued compliance with the rules governing real estate investment trusts by ensuring the effective adoption of certain charter provisions that implement ownership limitations and transfer restrictions related to its capital stock. As a result of the merger, stockholders of Predecessor Crown automatically became stockholders of Crown Castle, which changed its name from "Crown Castle REIT Inc." to "Crown Castle Internationa...

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