American Tower American Tower has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. American Tower Boston, Massachusetts and Denver, Colorado - November 15, 2021 - American Tower Corporation (NYSE: AMT) ("American Tower") and CoreSite Realty Corporation (NYSE: COR) ("CoreSite") today announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite American Tower Corp on Monday agreed to buy U.S. data center operator CoreSite Realty Corp for $7.51 billion in cash to tap into a sector that has seen a boom in demand during the COVID-19 pandemic. American Tower Corp. agreed to buy CoreSite Realty Corp., valuing the data-center real estate investment trust at an enterprise value of about $10.1 billion including debt. The tower operator will pay $170 per share for CoreSite, a slight premium to Fridays closing price of $166, and will assume CoreSites debt. The WSJ reports that CyrusOne is in advanced talks with at least two groups and could choose a buyer within days. Consideration for the transaction, including the assumption or repayment of CoreSites debt, is $10.1 billion. The tender offer is being made in connection with the Agreement and Plan of Merger announced by American Tower and CoreSite on November 15, 2021. American Tower Corp., one of Massachusetts' most valuable companies by market cap, will acquire data-center real estate investment trust CoreSite Realty Corp., the companies announced Monday morning. Check out why I think that the risk falls on AMT stock. In connection with the merger, each share of CoreSite common stock issued and outstanding immediately prior to the effective time of the merger (other than certain restricted shares and shares held by certain American Tower subsidiaries) will be converted into the right to receive $170.00 per share in cash, the same amount per share paid in the tender offer. American Tower said it will spend $10.1 billion to buy CoreSite Realty, one of the nation's biggest operators of data centers. American Tower Corporation has closed its acquisition of CoreSite Realty Corporation. American Tower Commences Cash Tender Offer for All Outstanding Shares of CoreSite Yahoo Finance 11/29/2021 Reminder - American Tower (AMT) Goes Ex-Dividend Soon American Tower Corporation will acquire data center developer CoreSite for $10.1 billion, the companies announced this morning. American Tower Corporation (NYSE: AMT) is reportedly leading the rumoured discussions with CoreSite Realty Corp. (NYSE: COR) that could result in the data centre real estate investment trust (REIT) operator begin acquired. CoreSites Chief Executive Officer, Paul Szurek, stated, We are excited to partner with American Tower to expand its communications infrastructure ecosystem and accelerate its edge computing strategy through the addition of CoreSites differentiated portfolio of U.S. metro data center campuses. American Tower said today that it has closed its acquisition of CoreSite Realty, following the completion of its previously announced tender offer for outstanding shares of CoreSite common stock. A representative for American Tower, based in Boston, didn't want to say anything. CoreSite Realty Corporation (Name of Subject Company (Issuer)) Appleseed Merger Sub LLC (Offeror) American Tower Corporation. The REIT has fully-committed bridge financing in place that could be used to help close the CoreSite transaction, although Moody's expects its permanent financing will include a mix of long-term unsecured debt and equity capital. (Source: American Tower to Acquire CoreSite, American Tower Corp, November 15, 2021.) American Tower will acquire data center management company CoreSite in a deal valued at $10.1 billion, the companies announced Monday. The total consideration for the transaction, including the assumption and/or repayment of CoreSites existing debt at closing, is American Tower has acquired CoreSite for $10.1 billion. American Tower Corporation and CoreSite Realty Corporation have announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for US$10.1bn at US$170 per share. But $10 billion deal, 25 data centers, 21 cloud on-ramps, really interesting. American Tower (AMT) bought CoreSite Realty (COR) for $10.1B which equates to $170 per share. American Tower Corporation (NYSE: AMT) and CoreSite Realty Corporation (NYSE: COR) yesterday announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170 per share in cash. The combined company will be ideally positioned to address the The closing was funded by borrowings under American Towers revolving credit facilities and term loans. American Tower has completed the acquisition of CoreSite, a provider of data centre campuses, after the expiration of its tender for company's shares on 27 December. IHS Towers has signed agreements to acquire 5,709 telecommunication towers in South Africa from MTN, one of the leading mobile telecommunications operators in South Africa. People familiar with the matter said an all-cash deal of about US$10 billion could be announced as early as this week, Bloomberg has One group reportedly includes KKR and Global Infrastructure Partners, with another including Brookfield Asset Management Inc. American Tower Corporation has closed its acquisition of CoreSite Realty Corporation. CoreSite shares American Tower Corp., one of Massachusetts' most valuable companies by market cap, will acquire data-center real estate investment trust CoreSite Realty Corp., the companies announced Monday morning. American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of American Tower: Interconnection is Key to the Converged Digital Future By Rich Miller - November 16, 2021 1 Comment In buying CoreSite for $10.1 billion, American Tower says the business value of the edge is tied to the cloud, and will require connections that run through data centers at the core of the network. American Tower Corp. will acquire CoreSite Realty Corp. in a deal valued at $10.1 billion, the companies said Monday. The total consideration for the transaction is approximately $10.1 billion, including the assumption and repayment of CoreSites existing debt. CoreSite brought in 3Q21 revenue of $162.9m, up 6.4% y/y and 1.1% q/q. The tender offer is being made in connection with the Agreement and Plan of Merger announced by American Tower and CoreSite on November 15, 2021. CoreSite stock was up around 1:40 p.m. and American Tower stock was down. American Tower Corporation (NYSE: AMT) and data centre REIT CoreSite Realty Corporation (NYSE: COR) said they have entered into a definitive agreement through which American Tower will acquire CoreSite for US$170.00 per share in cash. American Tower Corporation will acquire data center developer CoreSite for $10.1 billion, the companies announced this morning. American Tower's and CoreSite's filings with the SEC are also available for free to the public from commercial document-retrieval services and at the website maintained by the SEC at www.sec.gov. American Tower Corp. agreed to buy CoreSite Realty Corp., valuing the data-center real estate investment trust at an enterprise value of about $10.1 billion including debt. The total consideration for the transaction, including the assumption and/or repayment of CoreSites existing debt at American Tower Corporation and CoreSite Realty Corporation today announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170.00 per share in cash. BOSTON, December 28, 2021--American Tower Corporation (NYSE: AMT) ("American Tower") announced today the expiration of its previously announced tender offer for all outstanding shares of common stock of CoreSite Realty Corporation (NYSE: COR) ("CoreSite"). CyrusOne has been bought by KKR and Global Infrastructure Partners and will be taken private, while CoreSite has been taken over by American Tower, a publicly-listed Real Estate Investment Trusts (REIT) traditionally focused on cell tower infrastructure. American Tower is a real-estate investment trust that has a portfolio of hundreds of thousands of communications towers and other sites. American Tower Corporation (NYSE: AMT) (American Tower”) today announced the commencement of the tender offer by its wholly owned indirect subsidiary, Appleseed Merger Sub LLC, for all outstanding shares of the common stock of CoreSite Realty Corporation (NYSE: COR) JP Morgan is serving as the lead financer for the deal. Digital Realty declined to comment. The deal, which will blend wireless communications and data center businesses, is expected to close by the end of 2021, or shortly thereafter, American Tower indicated. Nov 15 (Reuters) American Tower Corp on Monday agreed to buy U.S. data center operator CoreSite Realty Corp for $7.51 billion in cash to tap into a sector that has seen a boom in demand during the COVID-19 pandemic. American Tower on Monday expanded its edge efforts in announcing a $10.1 billion deal to purchase CoreSite including cloud on October and Early November 2021: CoreSite provides American Tower and Party A with access to a virtual data room and due diligence materials. Cleary Gottlieb is representing American Tower Corporation (American Tower), which announced on November 15, 2021, that it has entered into a definitive agreement with CoreSite Realty Corporation (CoreSite) through which American Tower will acquire CoreSite for $170 per share in cash. American Tower has agreed to acquire CoreSite, a provider of data centre campuses, at USD 170 per share in cash, for a total of UAD 10.1 billion. American Tower completed the acquisition of CoreSite through a merger of one of its wholly owned subsidiaries with and into CoreSite. American Tower owns seven data centers in the U.S., as well as 42,000 U.S. cellphone tower sites in the U.S. American Tower Corporation AMT has entered into a definitive agreement to acquire CoreSite Realty Corporation COR for roughly $10.1 billion. American Towers $10.1 billion acquisition of Denver-based CoreSite at $170 per share is expected to close by the end of 2021. American Tower Corporation and CoreSite Realty Corporation said Monday that they had reached an agreement for American Tower to acquire CoreSite for $170 per share in cash in a deal valued at $10.1 billion. CoreSite has a portfolio of data centers. The total consideration for the transaction, including the assumption and/or repayment of CoreSites CoreSites outstanding team, interconnection platform and data center campus portfolio are a highly complementary fit with American Towers existing communications sites, and we believe this partnership delivers significant value to CoreSites stockholders and will create an exciting new chapter for our customers, employees and partners. The WSJ reports that CyrusOne is in advanced talks with at least two groups and could choose a buyer within days. American Tower and CoreSite Realty have entered into an agreement for the tower company to acquire CoreSite for $170 per share in cash, according to a statement from American Tower. American Tower is paying $170 per share in cash for CoreSite Realty. The deal will likely close by the end of 2021 or at the beginning of 2022. American Tower is a real-estate investment trust that has a portfolio of hundreds of thousands of communications towers and other sites. The total consideration for the transaction, including the assumption and/or repayment of CoreSites existing debt at closing, is The total consideration for the transaction, including the assumption and/or repayment of CoreSites existing debt at REIT American Tower Corp. announced Monday the commencement of the tender offer by its wholly owned indirect subsidiary, Appleseed Merger Sub LLC, for all outstanding shares of the common stock of CoreSite Realty Corp. at a price of $170.00 per share in cash.The tender offer is being made in connection with the Agreement and Plan of Merger American Tower Corp. will acquire CoreSite Realty Corp. in a deal valued at $10.1 billion, the companies said Monday. American Towers and CoreSites filings with the SEC are also available for free to the public from commercial document-retrieval services and at the website maintained by the SEC at But $10 billion deal, 25 data centers, 21 cloud on-ramps, really interesting. The tender offer is being made in connection with the Agreement and Plan of Merger announced by American Tower and CoreSite on November 15, 2021. American Tower Corp. agreed to buy CoreSite Realty Corp., valuing the data-center real estate investment trust at an enterprise value of about $10.1 billion including debt. Accordingly, American Tower intends to promptly consummate the merger of Appleseed Merger Sub LLC with and into CoreSite on December 28, 2021, with CoreSite continuing as the surviving corporation and a wholly owned subsidiary of American Tower. Finally, CoreSite responds to numerous diligence requests and questions of American Tower and American Tower has acquired CoreSite for $10.1 billion. American Tower completed the acquisition of CoreSite through a merger of one of its wholly owned subsidiaries with and into CoreSite. Also, CoreSite hosts management presentations and diligence sessions for both American Tower and Party A. American Tower Acquires CoreSite: Paying A Hefty Price For A Niche Opportunity Daniel Jones Tue, Nov. 16 13 Comments. The combined company will cater to the growing need for convergence between mobile network providers, cloud service providers, and other digital platforms amid accelerating global 5G deployments. The tower infrastructure giant has agreed to acquire Coresite for $10.1B. BOSTON & DENVER--(BUSINESS WIRE)--Nov. 15, 2021-- American Tower Corporation (NYSE: AMT) (American Tower) and CoreSite Realty Corporation (NYSE: COR) (CoreSite) today announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170.00 per share in cash. American Tower on Monday announced the $10.1 billion purchase of CoreSite. CyrusOne. American Tower Corporation (NYSE: AMT) and data centre REIT CoreSite Realty Corporation (NYSE: COR) said they have entered into a definitive agreement through which American Tower will acquire CoreSite for US$170.00 per share in cash. American Tower to Buy Data Center Manager CoreSite in $10.1 Billion Deal Nov. 15, 2021 at 1:25 p.m. The two companies entered into a definitive agreement yesterday under which American Tower will pay $170 per share. BOSTONAmerican Tower Corporation and CoreSite Realty Corporation announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170.00 per share in cash. Sometimes writing these articles can get overwhelming, especially when I try to write a few individual research articles during the same month. American Tower is ramping up its edge ambitions with plans to buy CoreSite for $10.1 billion. CoreSite and American Tower did not immediately respond to requests for comment. CyrusOne and CoreSite are both to be taken over multi-billion dollar acquisitions. American Tower, the Fortune 500 communications infrastructure operator, has announced a $10.1 billion (7.5bn) deal to buy data centre real estate company CoreSite Realty Corporation. Meanwhile, CoreSite matched the largest deal when it announced it was being purchased by American Tower, a real estate investment trust (REIT), for $10 billion. American Tower Corp. has acquired CoreSite Realty for $10.1 billion including debt. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation into the Fairness of the Merger of CoreSite Realty Corporation with American Tower Corporation The merger would combine two companies that support communications and data infrastructure. One group reportedly includes KKR and Global Infrastructure Partners, with another including Brookfield Asset Management Inc. 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