Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

Array Digital Infrastructure has received a non-binding proposal from TDS to acquire the remaining 18.1% of the company's outstanding common shares. In response, the Array Board has formed a special committee of independent directors to evaluate and negotiate (or reject) the proposal. The special committee has retained PJT Partners as its financial advisor and Cravath, Swaine & Moore LLP as its legal counsel.

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