- Uniti Group (UNIT -9.8%) took a dive on heavy volume in the past 15 minutes, then quickly recouped much of that decline, amid Bloomberg headlines saying Windstream (OTCPK:WINMQ) is looking to reclassify the two's master lease as financing.
- The two companies are seeking a mediator on the lease, according to the headlines, because they're "far apart" on the status of the lease.