WINDSTREAM (WIN) ALERT: Johnson Fistel Investigates Windstream Holdings, Inc.; Former EarthLink Shareholders Receiving Windstream Stock Encouraged to Contact the Firm

SAN DIEGO, Oct. 13, 2017 /PRNewswire/ -- Johnson Fistel, LLP, a shareholder rights law firm, is investigating potential claims on behalf of investors of Windstream Holdings, Inc. (Nasdaq: WIN) ("Windstream").

On February 27, 2017, a merger between Windstream and EarthLink closed.  Former EarthLink shareholders received 0.818 shares of Windstream common stock for each EarthLink share they owned. On February 27, 2017, Windstream stock closed at $7.85 and since has plummeted, closing at $2.06 on October 13, 2017.

The investigation concerns whether the EarthLink board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for EarthLink shares of common stock.

If you have information that could assist in this investigation, or if you are a Windstream shareholder thatreceived shares from the merger with EarthLink, and believe the buyout price was too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP