Glass Lewis Recommends TDS Shareholders Vote for Proposed Plan to Reclassify Special Common Shares

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Telephone and Data Systems, Inc.
TDS
today issued the following comments in response to the Glass, Lewis & Co., LLC and the Institutional Shareholder Services' reports regarding the proposed amendments to the TDS certificate of incorporation.  The proposals include a share consolidation amendment to reclassify TDS Special Common Shares as Common Shares on a one-for-one basis, resulting in a single class of publicly-traded common stock, and a vote amendment, which will set the Series A Common Shares voting rights at current levels.
Posted In: NewsEvents
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