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Crown Castle to sell fiber segment for $8.5 billion

The Wall Street Journal on MSN · 2d

Crown Castle to Sell Fiber Segment for $8.5 Billion

Crown Castle agreed to sell its fiber segment for $8.5 billion following a more than year-long strategic review of the business. The communications infrastructure owner and operator said Thursday it plans to sell the small cells part of the business to EQT Active Core Infrastructure,

MarketWatch · 1d

Crown Castle Shares Climb on Fiber-Segment Sale

Crown Castle said it plans to use the cash proceeds to repay existing debt and fund anticipated share repurchases. The deal puts Crown Castle in a more stable financial position, KeyBanc Capital Markets analysts said in a note.

Bloomberg on MSN · 2d

Crown Castle Sells Its Fiber Business for Combined $8.5 Billion

Telecommunications company Crown Castle Inc. has reached an agreement with an EQT AB fund and Zayo Group Holdings Inc. for each to buy separate parts of its fiber business for a combined value of $8.5 billion.

1don MSN

Former AOL Germany CEO Lists Baltic Coast Castle for $201 Million

Henric Buettner was head of AOL Germany in the 1990s and a California venture capitalist in the early 2000s. In 2005, he ...

4don MSN

Historic French castle where Napoleon buried treasure hits the market — for a surprisingly cheap price

A medieval French castle dripping with history — and possibly Napoleon’s hidden gold — is for sale, asking $3.8 million.

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