Ascent Capital Group Stockholders Approve Merger With Monitronics International

8/21/19

ENGLEWOOD, Colo., Aug. 21, 2019 (GLOBE NEWSWIRE) -- Ascent Capital Group, Inc.  (OTC: ASCMA, ASCMB) today announced that Ascent stockholders approved the proposal  to adopt the Agreement and Plan of Merger, by and between Ascent and Monitronics International, Inc., dated May 24, 2019, that was considered at the special meeting of Ascent stockholders held on August 21, 2019, pursuant to which Ascent will merge with and into Monitronics substantially concurrently with the restructuring of Monitronics. Following the stockholders’ approval of the merger proposal, the Merger is expected to be completed on or about August 30, 2019, subject to the satisfaction of additional customary closing conditions.

About Ascent and Monitronics

Ascent Capital Group, Inc. (OTC: ASCMA, ASCMB) is a holding company whose primary subsidiary is Monitronics, one of the largest home security and alarm monitoring companies in the U.S. Headquartered in the Dallas-Fort Worth area, Monitronics secures approximately 900,000 residential and commercial customers through highly responsive, simple security solutions backed by expertly trained professionals. The company has the nation’s largest network of independent authorized dealers – providing products and support to customers in the U.S., Canada and Puerto Rico – as well as direct-to-consumer sales of DIY and professionally installed products. For more information on Ascent, see http://ir.ascentcapitalgroupinc.com.

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