Cincinnati Bell (CBB) Subsidiary Files IPO
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Cincinnati Bell Inc. (NYSE: CBB) announced today that CyrusOne Inc., the wholly owned subsidiary that owns and operates Cincinnati Bell’s data center business, has filed a registration statement on Form S-11 with the Securities and Exchange Commission (SEC) in connection with CyrusOne’s proposed initial public offering of its common stock. A portion of the proceeds from the initial public offering will be used to repay outstanding indebtedness of CyrusOne owed to Cincinnati Bell.
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