Printer Friendly

CCI ANNOUNCES RECORD DATE AND DISTRIBUTION DATE OF ITS PUERTO RICO CELLULAR OPERATIONS

 CCI ANNOUNCES RECORD DATE AND DISTRIBUTION DATE
 OF ITS PUERTO RICO CELLULAR OPERATIONS
 NEW YORK, Feb. 18 /PRNewswire/ -- Cellular Communications, Inc. (CCI) (NASDAQ, MSE: COMMA) announced today that it had fixed a record date of Feb. 27, 1992 and a distribution date of Feb. 28, 1992 for the distribution to CCI's stockholders of all of the issued and outstanding shares of common stock, one cent par value (CCPR common stock), of Cellular Communications of Puerto Rico, Inc. (CCPR). CCPR, which is presently a wholly owned subsidiary of CCI, owns and operates cellular systems in the Commonwealth of Puerto Rico.
 The distribution will be on the basis of one share of CCPR common stock for every six shares of redeemable participating convertible preferred stock, one cent par value, Series A redeemable common stock, one cent par value, or Class A preferred stock, one cent par value, of CCI held by stockholders of record at the close of business on Feb. 27, 1992. Following the distribution, CCI will not own any shares of CCPR common stock.
 The CCPR common stock has been approved for listing on the NASDAQ National Market System under the symbol "CCPR".
 Although it does not currently intend to do so, CCI may elect to postpone the record and distribution date. In such event, CCI would publicly announce the revised dates.
 -0- 2/18/92
 /CONTACT: Richard J. Lubasch, vice president and general counsel of Cellular Communications, 212-906-8440/
 (COMMA CCPR) CO: Cellular Communications Inc.; Cellular Communications of Puerto
 Rico, Inc. ST: New York, Puerto Rico IN: TLS SU:


KD-TS -- NY016 -- 9768 02/18/92 09:11 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 18, 1992
Words:268
Previous Article:REEBOK INCREASES FOCUS ON PERFORMANCE SPORTS
Next Article:PERRIGO COMPANY REPORTS 70-PERCENT INCREASE IN EARNINGS AND CONTINUED STRONG SALES GROWTH
Topics:


Related Articles
CELLULAR COMMUNICATIONS TO DISTRIBUTE PUERTO RICO CELLULAR OPERATIONS TO STOCKHOLDERS
CELLULAR COMMUNICATIONS INTERNATIONAL ANNOUNCES OPERATING RESULTS FOR THIRD QUARTER 1991
CCPR ANNOUNCES AGREEMENT TO ACQUIRE ADDITIONAL INTERESTS IN SAN JUAN CELLULAR TELEPHONE AND THE ISSUANCE OF ADDITIONAL SHARES OF CCPR
OCOM ANNOUNCES OPERATING RESULTS FOR 1991
OCOM CORPORATION ANNOUNCES OPERATING RESULTS FOR FIRST QUARTER 1992
CELLULAR COMMUNICATIONS OF PUERTO RICO ANNOUNCES OPERATING RESULTS FOR FIRST QUARTER 1992
PACTEL'S COX NAMED TO CELLULAR COMMUNICATIONS, INC. BOARD
CELLULAR COMMUNICATIONS INC. ANNOUNCES OPERATING RESULTS FOR THIRD QUARTER 1992
PageMart and Puerto Rico Telephone Co. Form Stragetic Alliance To Link Networks and Share Common Frequency and Coverage Area
US$814 MILLION CELLULAR TELECOM DEAL.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters