Android app on Google Play

Internet Backbone Stocks on Watch Following $2B Private Deal

December 27, 2012 12:57 PM EST Send to a Friend
There was a big off-Wall Street merger today in the internet backbone space that players on Wall Street should be paying attention to.

Boston-based private equity firm Berkshire Partners agreed to acquire both Lightower Fiber Networks and Sidera Networks in a transaction valued at over $2 billion.

The news could have implications for the following companies:
Level 3 Communications (Nasdaq: LVLT)
TW Telecom (Nasdaq: TWTC)
Equinix, Inc. (Nasdaq: EQIX)
CenturyLink (NYSE: CTL)
CoreSite Realty Corporation (NYSE: COR)
DuPont Fabros Technology, Inc. (NYSE: DFT)
Akamai Technologies (Nasdaq: AKAM)
Limelight Networks (Nasdaq: LLNW)




You May Also Be Interested In


Related Categories

Rumors, Trader Talk

Add Your Comment