Michael Hytha

1 week ago | news.bloombergtax.com | Michael Hytha

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1 week ago | bloomberg.com | Michael Hytha

(Bloomberg) -- QXO Inc. said it sent a letter to GMS Inc. proposing to buy the building products distributor for about $5 billion. The offer of $95.20 a share represents a 27% premium to GMS’s 60-day volume-weighted average price of $74.82, according to a statement Wednesday that included the letter from QXO Chief Financial Officer Ihsan Essaid to GMS Chief Executive Officer John Turner. “We don’t play games — we’re straightforward and we move fast,” Essaid said in the letter.

Mar 13, 2025 | news.bloombergtax.com | Michelle R. Davis |Michael Hytha

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. The EQT Active Core Infrastructure fund will acquire Crown Castle’s small cells business, according to separate statements by the companies. Zayo, which is backed by EQT and DigitalBridge Group Inc., will independently acquire Crown Castle’s fiber solutions business.

Mar 13, 2025 | news.bloomberglaw.com | Michelle F. Davis |Michael Hytha

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. The EQT Active Core Infrastructure fund will acquire Crown Castle’s small cells business, according to separate statements by the companies. Zayo, which is backed by EQT and DigitalBridge Group Inc., will independently acquire Crown Castle’s fiber solutions business.

Mar 13, 2025 | bloomberg.com | Michelle F. Davis |Michael Hytha

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