American Tower (AMT) Announces Proposed Public 8.5M Share Offering of Common Stock
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American Tower (AMT) Prices 9M Share Upsized Common Offering at $244.75/Sh
May 6, 2021 5:52 AM EDTAmerican Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of 9,000,000 shares of common stock at $244.75 per share. The offering was upsized from the previously announced offering size of 8,500,000 shares. The underwriters of the offering have an option to... More
American Tower (AMT) Partners With CDPQ in Europe
May 5, 2021 6:24 AM EDTAmerican Tower Corporation (NYSE: AMT) and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, today announced that CDPQ will acquire a 30% stake in ATC Europe as part of a new long-term strategic partnership through a transaction valued at over 1.6 billion, implying an enterprise value of more than 8.8 billion for ATC Europe. Pursuant to the partnership agreement, American Tower will retain managerial and operational control, as well as day-to-day oversight of ATC Europe, while CDPQ will obtain seats on ATC Europes Board of Directors,... More
