Zayo Acquired For $8.2 Billion
Boulder-based bandwidth and colocation provider Zayo Group has been acquired in a giant, $8.2 billion deal, by private equity investor Digital Colony Partners LP and EQT, in a move that will take Zayo off the public markets. The deal is worth $35.00 per share, significantly above Zayo's closing price on Tuesday. Zayo--which trades on the NYSE as ZAYO--said it will continue to be headquartered in Boulder after the acquisition.
posted on Wednesday, May 8, 2019
Related companies:
Zayo Group
Related stories:
> Zayo Buys Electric Lightwave For $1.42 Billion
> Report: Zayo Group Looks To Sell Colocation Division
> Zayo Buys AboveNet For $2.2 Billion, Gets Private Equity Backing
> Zayo Group Gets $275M For Acquisitions
> Zayo Closes AboveNet Buy
Techrockies.com Home