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DBRG
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Zayo to Acquire Crown Castle's Fiber Solutions Business

1. Zayo acquires Crown Castle's Fiber Solutions for $4.25B, backed by DigitalBridge. 2. This acquisition enhances Zayo's focus on critical fiber infrastructure for AI growth.

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$9.2103/13 04:49 PM EDTEvent Start
$9.5603/14 10:57 PM EDTLatest Updated
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FAQ

Why Bullish?

DigitalBridge's involvement in Zayo's growth strategy suggests increased shareholder value. Similarly, past acquisitions in this sector have shown positive price responses in related stocks.

How important is it?

Zayo's growth directly associated with DigitalBridge enhances expectations for stability and innovation in infrastructure, which could positively influence DBRG due to interconnected investment strategies.

Why Long Term?

The acquisition will likely take time to implement and bear fruit, aligning with long-term growth trends in AI and infrastructure.

Related Companies

ZAYOCCEQT
DENVER--(BUSINESS WIRE)--Zayo, a leading communications infrastructure provider backed by DigitalBridge and EQT, today announced it 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. This acquisition advances Zayo's strategic focus on investing in the critical fiber infrastructure that will support the growth of artificial intelligence (AI) across the United States and drive economic ac.

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