Cowen Downgrades InterXion Holding (INXN) to Market Perform
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Interxion (INXN) Enters Merger Agreement with TelecityGroup
February 11, 2015 6:10 AM ESTInterxion (NYSE: INXN) announces that it has reached a non-binding agreement on an all-share merger with TelecityGroup plc (TelecityGroup). The proposed transaction would be structured as an offer by TelecityGroup for Interxion and the primary listing for the combined group would be in London, where TelecityGroups shares are admitted to trade on the London Stock Exchange; with a New York Stock Exchange listing for TelecityGroups existing ADR programme contemplated.
TelecityGroup, headquartered in the United Kingdom, is a provider of data centres, operating highly connected facilities in key European cities.
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