Lumos Networks Corp. announced Wednesday that the company’s stockholders have approved its acquisition by EQT Infrastructure.
More than 99 percent of the shares voted at the meeting were voted in favor of the merger, representing approximately 81 percent of Lumos Networks’ outstanding shares as of the record date for the meeting.
The transaction remains subject to customary closing conditions, including regulatory approvals. The merger is expected to be completed during the third quarter of 2017.
