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Zayo Group (ZAYO) to Acquire Electric Lightwave in $1.42B Cash Deal

Go back to Zayo Group (ZAYO) to Acquire Electric Lightwave in $1.42B Cash Deal

S&P Places Zayo Group (ZAYO) on CreditWatch Positive

December 1, 2016 6:54 AM EST

S&P Global Ratings placed its 'B' corporate credit rating on Zayo Group LLC on CreditWatch with positive implications.

The CreditWatch follows the announcement that Zayo has entered into a definitive agreement to acquire Electric Lightwave (formerly Integra), a facilities-based provider of communications services, for $1.42 billion. The transaction is... More