EarthLink Announces Completion Of Holding Company Formation - Quick Facts

(RTTNews) - EarthLink Holdings Corp. (ELNK) announced the completion of the holding company formation transaction, effective December 31, 2013. The existing shares of EarthLink Inc. common stock were automatically converted into identical shares of EarthLink Holdings Corp.'s common stock on a one-for-one basis, and EarthLink, Inc.'s existing stockholders became stockholders of EarthLink Holdings Corp. in the same amounts and percentages as they were in EarthLink, Inc. prior to the reorganization.

The company noted that the conversion of shares did not require any action by stockholders of EarthLink and stockholders will not need to exchange their old stock certificates.