NEW YORK—Millicom International Cellular (MIC) said it will complete the final distribution of its shares to the former shareholders of Millicom Incorporated pursuant to the 1993 merger terms between MIC and Millicom.
Under terms of the merger agreement, MIC will issue 374,521 shares of MIC common stock to the former shareholders of Millicom. The number represents principal and interest since 1996. MIC said it will complete the distribution “as soon as practicable.”
