According to Bloomberg, Zayo Group Holdings (ZAYO) approached by Blackstone Group LP and Stonepeak Partners LP

POTENTIAL DEAL DETAILS

Zayo Group Holdings Inc. (ZAYO) attracted takeover interest from a group of investors including funds managed by Blackstone Group LP and Stonepeak Partners LP, according to people with knowledge of the matter.

Update(s):

February 12, 2019: Activist hedge fund Sachem Head Capital Management has written a letter to U.S. communications infrastructure provider Zayo Group Holdings Inc (ZAYO) urging it to explore a sale, according to people familiar with the matter.

March 06, 2019: Digital Colony, a communications infrastructure-focused firm formed by Tom Barrack’s Colony Capital Inc. and Digital Bridge Holdings LLC, is part of a potential buyer group weighing a bid for Zayo Group Holdings Inc. (ZAYO) , according to a person with knowledge of the matter.

March 07, 2019: Starboard Value, the activist fund run by Jeff Smith, disclosed a stake in Zayo Group Holdings Inc. (ZAYO), adding pressure on the fiber-networks owner to sell itself.

March 07, 2019:  Company’s Board and management team are in active dialogue with many of our top investors in an effort to understand their views.

April 10, 2019: A consortium including investment firms Digital Colony Partners LP, EQT AB and Stonepeak Infrastructure Partners has secured exclusive rights to negotiate a deal to buy U.S. communications infrastructure provider Zayo Group Holdings Inc, people familiar with the matter said on Wednesday.

May 08, 2019: Zayo Group Holdings, Inc. (ZAYO), which provides mission-critical bandwidth to the world’s most impactful companies, today announced that it has signed a definitive merger agreement to be acquired by affiliates of Digital Colony Partners and the EQT Infrastructure IV fund.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.