American Tower closes USD10.1bn CoreSite takeover

5 Jan 2022

American Tower Corporation closed its acquisition of CoreSite Realty Corporation on 28 December 2021, following the completion of its previously announced tender offer for all outstanding shares of the company’s common stock. The deal, which was first announced in November 2021, was valued at USD10.1 billion, including debt.

American Tower boasts a portfolio of approximately 219,000 communications sites, while CoreSite delivers datacentre and interconnection solutions across eight key North American markets, namely Boston, Chicago, Denver, Los Angeles, Miami, New York, Northern Virginia and Washington, DC.

United States, American Tower Corporation (ATC), CoreSite