Equinix A Takeover Target? (EQIX, VZ, T)

There is unconfirmed chatter that Equinix, Inc. EQIX may be acquired by one of the larger telecoms at a substantial premium. There is talk that either Verizon VZ or AT&T T would be the potential acquirer, in a range of $130 per share. This would be a 38% premium to where shares are currently trading. Shares of Equinix are up 15 cents this morning to trade at $95.40.
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Posted In: NewsRumorsM&AInformation TechnologyIntegrated Telecommunication ServicesInternet Software & ServicesTelecommunication Services
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