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DigitalBridge Portfolio Company Zayo to Acquire Crown Castle's Fiber Solutions Business in $4.25 Billion Transaction

1. Zayo, owned by DBRG, to acquire Crown Castle's Fiber Solutions for $4.25 billion. 2. The acquisition enhances Zayo's connectivity solutions and market position.

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FAQ

Why Bullish?

The acquisition enhances Zayo's offerings, similar to past successful growth strategies in digital infrastructure. Historically, strategic acquisitions have led to stock price increases in related sectors.

How important is it?

The news indicates significant growth potential for Zayo, affecting DBRG's valuation positively through enhanced market positioning.

Why Long Term?

The positive effects from the acquisition will unfold over time as Zayo integrates Crown Castle's assets and expands service offerings, similar to past infrastructure mergers driving sustainable growth.

Related Companies

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG), a leading global digital infrastructure investment firm, announced today that its portfolio company Zayo, which it acquired in partnership with EQT in 2020, has entered into a definitive agreement to acquire Crown Castle's Fiber Solutions business in a transaction valuing the business at approximately $4.25 billion. The acquisition will strengthen Zayo's ability to deliver high-performance connectivity solutions to busin.

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