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The proposed consolidation is
expected to enhance the viability and success of
shared branching network making it even stronger
than it is today. The proposed new organization
would retain the name of CUSC and utilize the NGN
switch we are operating under today. Please note
that this proposed combination is subject to stockholder
approval with both CUCI, LLC and Servicecorp have
stockholder interests in CUSC. Management and the
Boards of both organizations will be reviewing details
of the proposal in the coming weeks. In addition,
Karol Griffin, Teachers CU serves on the Board of
CUSC as a representative of CUCI.
To read the full
press
release...
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