Straight Path Communications Inc. (“Straight Path”) (NYSE MKT: STRP)
stockholders today voted to adopt the merger agreement between Straight
Path Communications Inc., Verizon Communications Inc. and Waves Merger
Sub I, Inc., with 89% of the votes entitled to be cast at the special
meeting of stockholders voting; and of the votes cast, approximately 99%
were cast in favor of the proposal.
About Straight Path Communications Inc.
Straight Path (NYSE MKT: STRP) holds an extensive portfolio of 39 GHz
and 28 GHz wireless spectrum licenses. Straight Path is developing next
generation wireless technology through its Straight Path Ventures
subsidiary. Straight Path holds licenses and conducts other business
related to certain patents through its Straight Path IP Group
subsidiary. Additional information is available on Straight Path's