American Tower signs $10.1bn deal to buy data center REIT CoreSite Realty

American Tower signs $10.1bn deal to buy data center REIT CoreSite Realty

American Tower Corporation, a wireless communications infrastructure provider, has signed a deal worth approximately $10.1 billion to acquire CoreSite Realty Corporation, a Colorado-based data center real estate investment trust (data center REIT). The deal amount covers the assumption and/or repayment of the outstanding debt of publicly-listed data center REIT at closing. As per the terms […]