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Uniti Group proposes charter amendment governing bylaws revisions

Uniti Group Inc. is proposing to amend its charter to give shareholders the power to amend the communications infrastructure real estate investment trust's bylaws.

The board adopted the same amendment to Uniti's bylaws in May 2017, and the new proposal would align the company's charter with its bylaws.

The company said its board is urging stockholders to approve the proposal, which will be up for consideration at the annual shareholder meeting scheduled for May 17.