Fiber network owner Zayo Group Holdings has agreed to be acquired by Digital Colony Partners and EQT Partners for US$14.3 billion including debt in a deal that will take the fiber-network owner private.
The deal values Zayo at US$35 per share in cash and includes US$5.9 billion in debt, Zayo said in a statement May 8, confirming an earlier Bloomberg report. The offer represents a 14.3% premium to the Boulder, Colo.-based firm’s closing price on May 7.
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