Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Zayo Gets Approvals for Pending Merger.

Document Cited in Related
Vincent

INTERNET BUSINESS NEWS-(C)1995-2020 M2 COMMUNICATIONS

Zayo Group Holdings, Inc. (NYSE: ZAYO), which provides mission-critical bandwidth to the world's most impactful companies, has announced that all regulatory approvals relating to the previously announced merger through which the company would be acquired by affiliates of Digital Colony Partners ("Digital Colony") and the EQT Infrastructure IV fund ("EQT") have been received. Zayo's stockholders previously approved the merger at a special meeting of stockholders on July 26, 2019, the company said.

The merger's legal closing is expected to be effective on March 9, 2020, subject to the satisfaction (or waiver) of all conditions to closing.

As previously announced, upon completion of the merger, stockholders will receive USD 35.00 in cash per share of Zayo's common stock.

Zayo Group Holdings provides mission-critical bandwidth to the world's most impactful companies, fueling the innovations that are transforming our society. Zayo's 133,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers.

Zayo's communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated Internet access, and colocation services. Zayo owns and operates a Tier 1 IP Backbone and 44 carrier-neutral data centers. Through its Cloudlink service, Zayo provides low latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT