- Creating the largest data center player in Europe, Equinix (NASDAQ:EQIX) has agreed to buy U.K. firm Telecity Group (OTCPK:TLEIY) in a deal worth £2.35B ($3.6B).
- Equinix said the deal would see each Telecity Group shareholder receive 572.5 pence in cash for each share, a 27.3% premium to the firm's closing price on May 6 before talks were announced, as well as 0.0327 new Equinix shares.
- Previously: Reuters: Equinix closes in on Telecity deal (May. 28 2015)
Equinix to acquire Telecity for £2.35B
Recommended For You
More Trending News
About EQIX Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
EQIX | - | - |
Equinix, Inc. |