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Crown Castle to sell fiber segment to EQT and Zayo

Crown Castle Sells Its Fiber Business for Combined $8.5 Billion

Telecommunications company Crown Castle Inc. has reached an agreement with an EQT AB fund and Zayo Group Holdings Inc. for each to buy separate parts of its fiber business for a combined value of $8.5 billion.

Seeking Alpha on MSN · 3d

Crown Castle to sell fiber segment to EQT and Zayo for $8.5B

Crown Castle (NYSE:CCI) will sell all of its fiber segment in two transactions to an EQT fund and Zayo Group Holdings for a total of $8.5B and use the proceeds to repay debt and to buy back stock, the company said on Thursday.

Investopedia on MSN · 2d

Crown Castle Stock Jumps as Firm Sells Fiber Optics Unit for $8.5B

Crown Castle sold its fiber optics business to EQT Active Core Infrastructure fund and Zayo Group Holdings for a total of $8.5 billion.

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Fiber Provider Zayo Will Go Private In $14.3 Billion Deal

Communications infrastructure provider Zayo Group Holdings Inc. on Wednesday said that it had agreed to be acquired by global investment firms Digital Colony Partners and the EQT Infrastructure IV ...

Reuters2y

Zayo Group, Llc

Fiber network owner Zayo Group is in the lead to buy the Crown Castle's assets in a deal that could be valued at over $8 billion, a source familiar with the matter told Reuters. EQT-backed Zayo in ...

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Crown Castle to sell fiber segment to EQT and Zayo

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