(Source: MARKETWIRE)

D&E Communications, Inc. (NASDAQ: DECC) ("D&E") today announced that
the Pennsylvania Public Utility Commission (the "PUC") approved the
merger of Windstream Corporation and D&E. The decision by the PUC
provides the final regulatory agency approval of the merger
agreement.
"With the action taken today by the PUC, I am pleased to report that
we have obtained all of the required approvals to the merger
agreement," said James W. Morozzi, President and Chief Executive
Officer of D&E Communications. "We anticipate closing the transaction
by the end of next week," said Morozzi.
About D&E
D&E is an integrated communications provider offering high-speed
data, Internet access, local and long distance telephone, data,
professional IT services, network monitoring, security solutions and
video services. Based in Lancaster County, D&E has been serving
communities in central Pennsylvania for more than 100 years. For more
information, visit www.decommunications.com.
About Windstream
Windstream Corporation is an S&P 500 company that provides digital
phone, high-speed Internet and high-definition video and entertainment
services to residential and business customers in 16 states. The
company has approximately 3 million access lines and about $3.2
billion in annual revenues. Windstream is ranked 4th in the 2009
Business Week 50 ranking of the best performing U.S. companies. For
more information about Windstream, visit www.windstream.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based on
management's current expectations and beliefs and are subject to a
number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements. The forward-looking statements contained in this document
include statements concerning the anticipated closing of the merger
with Windstream. These statements are not guarantees of future
performance, involve certain risks, uncertainties and assumptions
that are difficult to predict, and are based upon assumptions as to
future events that may not prove accurate. Therefore, actual outcomes
and results may differ materially from what is expressed herein. For
example, if D&E fails to satisfy the conditions to closing, the
transaction may not be consummated. The following factors, among
others, could cause actual results to differ materially from those
described in the forward-looking statements: risks associated with
uncertainty as to whether the transaction will be completed, costs
and potential litigation associated with the transaction, the failure
of either party to meet the closing conditions set forth in the
merger agreement and the other risk factors discussed from time to
time by the Company in reports filed with the Securities and Exchange
Commission. We urge you to carefully consider the risks which are
described in D&E's Annual Report on Form 10-K for the year ended
December 31, 2008 and in D&E's other SEC filings. D&E is under no
obligation to (and expressly disclaims any such obligation to) update
or alter its forward-looking statements whether as a result of new
information, future events, or otherwise.
CONTACT:
Thomas E. Morell
Sr. Vice President,
Chief Financial Officer
Secretary and
Treasurer
(717)738-8315
SOURCE: D & E Communications, Inc.
A service of YellowBrix, Inc.