Crown Castle Announces Proposed Public Offering of Common Stock

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Crown Castle (CCI) Prices 11.35M Share Common Stock Offering for Proceeds of ~$1B

November 2, 2016 8:26 AM EDT

Crown Castle International Corp. (NYSE: CCI) announced that it has priced its previously announced public offering of 11,350,000 shares of its common stock.

The gross proceeds from the offering are expected to be approximately $1.0 billion. Crown Castle intends to use the net proceeds from this offering for general corporate purposes, which may include the funding... More