According to Reuters, CoreSite Realty (COR) approached by American Tower (AMT) and Digital Realty Trust (DLR)

  • November 9, 2021

POTENTIAL DEAL DETAILS

StockCoreSite Realty CorporationSymbolCOR
Date Announced11/09/2021Source Reuters
TypeNews Report
Date of Confirmation: 11/15/2021Price at Confirmation: $172.51
Potential Profit: 7.22%Annualized Profit: 438.95%

CoreSite Realty Corp (COR), a U.S. data center operator with a market value of more than $8 billion, is working with an investment bank to explore its options after attracting acquisition interest, people familiar with the matter said.

Update(s):

November 15, 2021: American Tower Corporation (AMT) and CoreSite Realty Corporation (COR) announced that they have entered into a definitive agreement through which American Tower will acquire CoreSite for $170.00 per share in cash.

November 15, 2021: Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of CoreSite Realty Corporation (COR) to American Tower Corporation (AMT)  for $170.00 per share in cash is fair to CoreSite shareholders.

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