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Crown Castle Says Its Board Nominees Defeated Boots Capital Management's Slate

Crown Castle said Wednesday that “based on preliminary information from the Company’s proxy solicitor,” shareholders approved its slate of 12 nominees to the board. The slate defeated a group Boots Capital Management proposed (see 2405170054). “We thank our shareholders for…

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the trust they have placed in our highly qualified board members as they oversee the creation of a stronger, more valuable Crown Castle,” the company said: “The board continues to take action, including conducting the strategic and operational review of our fiber and small cell business already underway, to improve performance and unlock shareholder value.”